Sep 29 Could property prices be temporarily “set” at the value of the total mortgage on the property? Question/Comment: If real estate is indeed the basis of our current economy, surely we cannot let it free fall. Could property prices be temporarily “set” at the value of the total mortgage on the property? And on any new property… Continue reading
Sep 26 Is the principle of “buyer beware” the dominant principle in the American system? Question/Comment: Are you willing to argue that the subprime mortgage practices that started this problem can be deemed to be fraudulent in any way? Should anyone be convicted of anything for the devastation wreaked upon so many home buyers by… Continue reading
Sep 26 Is the American dream of home ownership and subsequently loaning money to unqualified home buyers a major cause of this crisis? Question/Comment: Lack of transparency and regulation appear to be at the heart of the current financial crisis. Didn’t the Senate Banking Committee and the Republicans attempt to ward this off with a reform bill in 2005? Is the American dream… Continue reading
Sep 25 What regulations do you think would possibly fix this situation? Question/Comment: I’m concerned that your viewers are going to come away from this discussion thinking that the market is to blame. The risky investments you refer to at the root of this problem were ones that the government mandated, ones… Continue reading
Sep 25 I’m wondering, why I should care about this credit crisis? Question/Comment: I just listened to your explanation of the credit crisis on the NewsHour. I’m wondering why I should care. I am a renter, have no savings to speak of, no stocks and work for a small family business with… Continue reading
Sep 24 Kindly explain just how the U.S. taxpayer will be asked to cough up nearly $ 1 trillion to pay for this bailout? Question/Comment: Kindly explain just how the U.S. taxpayer will be asked to cough up nearly $ 1 trillion to pay for this bail out? Nobody has spelled this out in detail as far as I know. Can we expect our… Continue reading
Sep 23 Isn’t the tumbling marketplace a result of the various regulations? Question/Comment: Hi Paul, isn’t the tumbling marketplace a result of the various regulations? Whether we had fewer regulations recently than in the past, it’s not as though this meltdown is occurring in a free market. If our property, current and… Continue reading
Sep 22 If someone said to you, I have $100,000 of hard earned money saved, where would you invest it? Question/Comment: If someone said to you, I have $100,000 of hard earned money saved, where would you invest it? Paul Solman: In U.S. government TIPS, Treasury Inflation-Protected Securities, I suppose. They pay an… Continue reading
Sep 22 Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee? Question/Comment: Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee? Radical, but… Continue reading
Sep 22 Where do the funds for the bailouts and related rescue efforts in fact come from? Question/Comment: I have 2 naive questions: 1. This is a nuts and bolts/dollars and sense (pun intended) question: Where do the funds for the bailouts and related rescue efforts in fact come from? What is the source of the… Continue reading