tag:blogger.com,1999:blog-13164186.post5405611701692965589..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Paulson to Spend 700 Billion Dollars 'Rapidly'Davidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13164186.post-3245005087229486602008-10-05T13:23:00.000-04:002008-10-05T13:23:00.000-04:00He's got his blank check. You can bet he's going ...He's got his blank check. You can bet he's going to spend it a fast as he can before the next president steps in.Caleb Mardinihttps://www.blogger.com/profile/05097876896939033853noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-77659144448629337092008-10-05T10:28:00.000-04:002008-10-05T10:28:00.000-04:00Hardly surprising - really I would expect him to d...Hardly surprising - really I would expect him to disburse the funds rapidly based upon what he has said about this.<BR/><BR/>Ultimately though they will overpay for the assets that they buy - the whole premise of this thing is to inject liquidity, and if the sellers were to sell at what fair market value is today the sellers would practically admitting insolvency.<BR/><BR/>Paulson claims that the government might actually make money on these things. The only way that this could possibly be the case would be if current housing prices were abnormally low and were eventually to recover.Anonymousnoreply@blogger.com