Archive for March, 2009

16 Mar

The Morality of Acquiring Commercial Real Estate

The latest in the line of businesses seeking government handouts is the commercial real estate industry (see following WSJ article “Knock on ‘Opportunity’: Sharp Losses”). Where should the government’s demarcation line be for underwriting the bad loans, mortgages and losses permeating the commercial real estate industry? How does it differentiate between who to help and […]

10 Mar

Obama - Ending Economic Crisis Won’t Be Easy

And the beat goes on. On one side the politically correct feel-good. On the other side, common sense. NetGain has repeatedly stated and made the case that jobs (civilian) are the foundation to our economy. Recessions by definition are two consecutive months of negative growth in the Gross Domestic Product (GDP). The historical overriding cause […]

05 Mar

U.S. Likely to Keep the Reins on Fannie and Freddie

“The Blind Leading the Blind” should be the title for the attached article from the New York Times. Why? The explanation of that phrase: Uninformed and incompetent people leading others who are similarly incapable. The origin is from the Bible, Matthew 15:14 (King James Version) where it says: “Let them alone: they be blind leaders […]

03 Mar

When Will the Recession Be Over?

The following Op-Ed articles by economic “experts” all agree we’re in a recession. However, there is no agreement as to the length and depth of the recession. Last year, these same people were all saying “What recession?”
NetGain has written extensively on the subject, predicted the recession ahead of the crowd, and offers the following […]

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