Herbertwiebe
What i was trying to state was about a post that agoracom deleted for OT. About how the interest rates that got raised and started the sub prime mess and then diminished the equity of some of the people in the US to stop inflation. Well in doing so they have created even worse situation by lowering the rates again and letting inflation rise again after they NUKED the real estate market. Making some homeowners being even on there loan or even under there loan to the value of the property. Thus sticking US Citizens in a situation of NOT being able to sell the house because they have more owed on the property than is being offer to them to sell(IF YOU CAN FIND A BUYER) SO if it was NOT enough for them to Kill the housing market values they started the inflation back up again. Why couldn't they have left well enough alone and let the economy grow and inflation go up to and at least some of us would have the means to pay for the costs of living and/or spend what we wanted because the value of the property would still be rising.
The power of some investors have been squashed by the FED in there irrational move on this country. They have started the whole mess in my opinion.
Back to NOT, If the equity market wouldn't have been dumped on then more people would be able to BUY into NOT and me included. I would LOVE to buy in at this price even though my ave is 1.49 per I would have loved to have more shares. Because I feel we have something really big that will happen in either the short term, but more likely the long term! I hope and pray the same prayer you pray for NOT if it is his will. which i hope it is.
Trevor