100% FREE ONLINE DATING
sponsored links
Previous
| Topic: how bush and obama tricked us | |
|---|---|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... economic advisors don't have anything to do with prices. prices are controlled by the value of the dollar. the federal reserve controls the value of the dollar. |
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... economic advisors don't have anything to do with prices. prices are controlled by the value of the dollar. the federal reserve controls the value of the dollar. So the term "price fixing" means? |
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. |
|
|
|
|
|
|
|
|
Never mind....found the def...
Price fixing is an agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold. It is not necessary that the competitors agree to charge exactly the same price, or that every competitor in a given industry join the conspiracy. Price fixing can take many forms, and any agreement that restricts price competition violates the law. Other examples of price-fixing agreements include those to: Establish or adhere to price discounts. Hold prices firm. Eliminate or reduce discounts. Adopt a standard formula for computing prices. Maintain certain price differentials between different types, sizes, or quantities of products. Adhere to a minimum fee or price schedule. Fix credit terms. Not advertise prices. In many cases, participants in a price-fixing conspiracy also establish some type of policing mechanism to make sure that everyone adheres to the agreement. http://www.usdoj.gov/atr/public/guidelines/primer-ncu.htm |
|
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. This is true. This is where the competitiors dont let the prices lower, so people can potentially pay off their loans when the customer purchases... Unfortunately not allowing prices to adjust in the market also discourages sales. Especially during a recession as peopel can't afford what they used to... I'm learning... |
|
|
|
|
|
|
 I agree that Bush lied. Dont see how the economy is Obamas fault. It all started when Bush was in there. Obama is just trying to fix what Bush screwed up
It's bush's fault that obama help acorn sue the clinton administration to force banks to make loans to people that couldn't finance a vhs machine? that doesn't wash.. it's bush's fault that the senate ovesight comittee that came about as a result of maccain and bush calling for more oversight of fannie and freddie swept early warnings under the rug? http://www.youtube.com/watch?v=_MGT_cSi7Rs Im a member of ACORN Its a voter registration group
|
|
|
|
|
|
|
|
|
we been knowin you're part of the nwo for some time there mirror lol
|
|
|
|
|
|
|
|
|
in fact, i bet you're spyin on us makin sure we don't actually find out whats really going on.
|
|
|
|
|
|
|
|
mirror....mirror...mirror 
|
|
|
|
|
|
|
|
Just an FYI, 99.9% of those on the internet do not understand economics 101. I've been trying to explain it for over 2 years now unsuccessfully. I've been reading your posts to learn about it.
I read yours, too, Driven.
|
|
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. This is true. This is where the competitiors dont let the prices lower, so people can potentially pay off their loans when the customer purchases... Unfortunately not allowing prices to adjust in the market also discourages sales. Especially during a recession as peopel can't afford what they used to... I'm learning... so you would think, logically, their is a housing surplus at this time. and if there wasnt this price fixing going on..one could find a house at a good deal at this itme..if one was able to get a loan (because these arent handed out so easily anymore) |
|
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. This is true. This is where the competitiors dont let the prices lower, so people can potentially pay off their loans when the customer purchases... Unfortunately not allowing prices to adjust in the market also discourages sales. Especially during a recession as peopel can't afford what they used to... I'm learning... so you would think, logically, their is a housing surplus at this time. and if there wasnt this price fixing going on..one could find a house at a good deal at this itme..if one was able to get a loan (because these arent handed out so easily anymore) yep, the fact that the loans aren't easy to get, makes the money increase in value, which in turn takes less money to buy the house. hence.....cheaper price. |
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. This is true. This is where the competitiors dont let the prices lower, so people can potentially pay off their loans when the customer purchases... Unfortunately not allowing prices to adjust in the market also discourages sales. Especially during a recession as peopel can't afford what they used to... I'm learning... actually, there was no fixing - the prices fell and it was the negative equity that kept many from selling at the market price. if they really wanted out of the home, they could have. The market values kept falling even after the house was worth less than what was owed and people's own desire to lessen the hurt did more harm in the end. Basically, if the person is $300k in debt and the market price on the house is $200k, it is very unlikely the person will put the house up at $200k or less, normally around $225-250k which is above what the market will bear. So it sits a month. Now the house is worth $175k and they drop the price (drastically in their mind) to the $200k it was appraised for. They don't realize the market fell again though. Basically, think2deep has it mostly nailed - the loans were fake money. The worst part about a loan in this day and age is the Fed doesn't have to even print money. They can just loan numbers. That is the major downfall. All this electronic printing of money increased the money supply over the last few years and devalued the dollar. Then, as credit markets dried up, the supply shrank and the value of the dollar rose in relation to the value of homes. That is why the home price fell so drastically - there were less available funds to purchase a home. The impact was not felt in other markets because credit was not required. So it was not a true devaluation of the dollar, more like a cut in the scale of the money supply in that one arena. It never actually shrank but the option to get mass quantities of it disappeared overnight. i'm beyond tired and have been cramming so much business law and econ into my head the last week that I'm not sure this post is coherent but either way... |
|
|
|
|
|
|
|
|
well the value of my dollar is going to continue to decrease. housing costs are going to decrease....because their are many houses that are in foreclosure right now. I thought there was some sort of "price fixing" set forth by economic advisors of both Bush's and Obama's administration. Not 100% sure what that is supposed to mean, but many, many people were complaining about the "Price fixing" and that the market should decide the value of things, not the government... i dont know anything about price fixing... but i do know that many people have forclosed..and some people also have difficulty selling their house because people dont want to pay what they owe on the house. This is true. This is where the competitiors dont let the prices lower, so people can potentially pay off their loans when the customer purchases... Unfortunately not allowing prices to adjust in the market also discourages sales. Especially during a recession as peopel can't afford what they used to... I'm learning... actually, there was no fixing - the prices fell and it was the negative equity that kept many from selling at the market price. if they really wanted out of the home, they could have. The market values kept falling even after the house was worth less than what was owed and people's own desire to lessen the hurt did more harm in the end. Basically, if the person is $300k in debt and the market price on the house is $200k, it is very unlikely the person will put the house up at $200k or less, normally around $225-250k which is above what the market will bear. So it sits a month. Now the house is worth $175k and they drop the price (drastically in their mind) to the $200k it was appraised for. They don't realize the market fell again though. Basically, think2deep has it mostly nailed - the loans were fake money. The worst part about a loan in this day and age is the Fed doesn't have to even print money. They can just loan numbers. That is the major downfall. All this electronic printing of money increased the money supply over the last few years and devalued the dollar. Then, as credit markets dried up, the supply shrank and the value of the dollar rose in relation to the value of homes. That is why the home price fell so drastically - there were less available funds to purchase a home. The impact was not felt in other markets because credit was not required. So it was not a true devaluation of the dollar, more like a cut in the scale of the money supply in that one arena. It never actually shrank but the option to get mass quantities of it disappeared overnight. i'm beyond tired and have been cramming so much business law and econ into my head the last week that I'm not sure this post is coherent but either way... andrew, you did fantastic on this one, very coherent. |
|
|
|
|
