Bailout as investment?

Depends upon where you live. I have a very hard time believing houses inflated by 4 times across the country since that time. Maybe in a very few places, due to unusual growth, but not everywhere. And this graph shows the growth began to increase about 1997 or 98.

How do you know that they picked a huge number without knowing how to spend the money? Do you have a link? Your meanderings have no sources.

How do you know that most bankswill stop reducing the book value on the mortgages? Who says so? You? Are you a banker?

It will be many years in the future that the taxpayers will benefit?

Who says so? How many years? Who says that some estimates say that there are 2.5 million just this year? Link? or did you just make that up?

I really think you should volunteer your services to the federal government.

But Mrs. Gramm would probably chase you out!

Economic Theory is an Oxymoron??? Imust immediately contact my nephew's teachers since he is taking a course called Economic Theory. Perhaps the truth is that you are an Oxymoron without the Oxy, of course. You seem to be incredibly dense. You don't appear to understand that every discipline has its shortcomings.

Physics cannot seem to explain ANYTHING about the world since as you say, "There are too many variables that control it" What a bunch of crap!
Physics does explain many things. So does Economics.

You float a strawman when you say that "nobody can formulate a mathematical model that will explain EVERY economic issue. Of course not.But there are models that explain many economic issues.

And, as for "they are all guesses"., what you do not seem to understand is that theories are guesses until verified. Are you really as dense as all that?

Do you think that any model in any discipline would explain EVERY issue. Is that your way to Solipsism?

Well, rabel, what is the GDP for the USA for the past year? Is it not something like thirteen Trillion? Seven Hundred Billion( not all of it will be lost) is a little over five percent of one year's GDP.

When I have heard some people complain about the huge amounts spent in Iraq and Afghanistan, I wonder if they have thought it through. Certainly, Economic Theory states that Economics is, in the final analysis, the science of disposing of scarce resources. Money must go somewhere. Some think that the decision to spend money on Iraq and Afghanistan was a mistake, but despite the fact that perhaps half the money has gone to help the Iraqis and Afghanistanis defend themselves, the other half has gone to our TROOPS. That money was not thrown away. Additional money has gone to companies which supplied the hardware for our troops. People in the USA who work in factories which make airplanes have been paid with that money.

Money does not disappear. It may go for uses and to people for which you do not approve and that is a political problem which can only be solved through the ballot box but money does not disappear.

How many people live in the United States? Maybe $700,000,000,000 is not that much divided by that many people. Com'n, take it for the team!

That is roughly a little more than Twenty two hundred dollars per person. But what the left wing liberals wont tell you is that it will not come from the IRS. It comes from the Federal Reserve

And Buffalo, that figure( SEVEN HUNDRED BILLION) is about 5% or one twentieth of our yearly GROSS DOMESTICPRODUCT, which is around 13 TrillionDollars. All this bullshit about the 700 Billion being lost is an incredible lie by the left wing. The 700 Billion is buying mortgages--mortgages which have lost their value but may well regain it soon. Even if the government coffers get only half of it back the total cost to the Federal Reservewill be about 350,000,ooo,000, which will be easily made up by the growth in the GDP if the economy gets back on its feet ( which is one of the objectives of the plan)

Okie, the left wing is desparate to make the real estate market look bad, What the liars will not tell you is that

l.Houses were overpriced based on the fact that there were so many being sold based on the abandonment of redlining based on Clinton's oppostion to redlining.

2. You can check this easily. The Mid West Housing has gone down in value about 9% in the last year. The fact was that the homes were overpriced to start with.