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Look at Japan during their lost decade to see how far real estate prices can fall. I believe it was 80%+ from peak to bottom. I don't think that will happen in the US, but 10 years could easily go by without any house appreciation.

Actually the main reason is that they are idiotic entities that became overleveraged with idiotic positions and now are getting their comeuppance. They deserve to go extinct with the decisions that they have made. No one forced them to make the stupid decisions that they did.

If I said I am one of "them," would that change anything? Here is an article that is related to this topic: http://www.timesonline.co.uk/tol/money/tax/article1996735.ece

I agree that the government seems to piss away money like its nothing and if they are going to do that, why give them anymore money? Obviously if I could see the future and knew whether or not the money would be pissed away beforehand, it would make my decision pretty easy. However, I do know...

Somewhat, however I'm sure people wanted to become rich when the top tax bracket was 39% and when it goes back to that level, I'm sure people won't mind becoming rich then either. And yes, people got rich when the highest tax bracket was 39%. All I've heard from Obama is that he is going to...

Just think, this all could have been averted if the uptick rule had not been abolished!

Okay, so gunning the market higher into the close = OKAY! Gunning the market lower into the close = BAD BAD BAD! VELOCITY of the market up = GREAT! VELOCITY of the market down = BAD BAD BAD! Anyone wanting the uptick rule reinstated is misguided. Anyone who says that the uptick rule...

Too bad he was saying buy in the 14,000s. His financial bottom call in July 2008 - how did that go? XLF was at $17 then. Ooops. He's delusional.

There's always Capital One.

If the housing prices are too high in California for people to live, then I have a solution. Don't live in California.

It is hypocritical because by the time he goes long gold, the market has already shown his statement: is false. Yes, he might be a good trader for going long at that point, but then he contradicts his core assertion about gold. This is just another way of saying that anyone who says...

The bailout has never been targeted towards individuals. It is obvious that the idiotic overleveraged financial entities deserve every bit of regulation that is coming down the pipe now since they have proven that they can't control themselves. Are there no good banks left? If there were a...

Unless you speculated on housing and got burned and want mommy to bail you out, I can't understand why anyone would take issue with Santelli's comments. Bailouts 'r us - it's a joke and a disgrace.

That is purely conjecture on your part. If these idiotic banks would be allowed to fail, sure it would be much worse initially. I will give you that. But in time the banking system would be gutted and new financial entities would arise who were smarter, better for this country, and not idiots...

We'd be getting on with our lives in a world without any bailouts for idiot speculators.

I understand that people don't want to enter another great depression. I get why people have the desire to prop up prices to lessen the pain. However, artificial price constraints never work (my opinion), and they always lead to unintended consequences (my opinion). As for a new financial...

Of course I can't claim that it is FACT. You keep on claiming that total catastrophe would happen if banks were allowed to fail. You don't know that as FACT either. What I do know is that propping up entities that do not function properly is foolhardy and goes against everything that is...

The US version of "capitalism" has already failed. We have entered socialism, if not communism.

This is the kind of thinking that will make this crap last a decade. Welcome to socialism/communism. Let's go to pretend land and pretend that prices are where we want them to be so no one gets hurt! Its complete b.s. and it will only delay the inevitable. If you take the pain now, only the...

When shorting was made illegal on the financials, the financials got HAMMERED. This fact makes any argument for reinstating the uptick rule, based on the fear that shorts are able to pound stocks to the ground, illogical. Now if you want to enforce the naked shorting rules already on the books...