There are a few videos on YouTube with Ron Paul actively debating the reasoning behind trying to spur growth by either printing more money or dropping rates.

Neither truly attack the cause of our economic problem =/

All politics aside, I’ll just say that it’s highly unfortunate that only one candidate seems to be sound enough to go head to head with a guy like Bernanke.

I honestly wish this was a pre-requisite. Wars on drugs, illegal immigration, terror, a lack of healthcare, etc. All of them require money.

You can’t put the cart before the horse on this. You need a sound economy before you can even THINK about truly moving forward on the soundbites that we hear all day from the candidates.

Reminds me of the 30k millionaire problem we have here in Arizona. The US is a homeowner in a 500k house, a 30k income, thinking foreclosure will never come his way.

Here are some particularly interesting videos of Ben Bernanke getting his bottom paddled:

Paul vs Bernanke
http://www.youtube.com/watch?v=8QUKeihtuU8

Another on with Bernanke on the Monetary Policy:

Part 1:
http://www.youtube.com/watch?v=sVCStbbIvDg

Part 2:
http://www.youtube.com/watch?v=_8pLpI5rzKI

Handsome and inspirational speeches won’t pay for the “change” everyone keeps promising. It’s a frustrating time to be a voter.. I often find more of my friends are interested in the speeches and soundbites than the details of plans to “change” things =/ Unfortunately, that’s not a new problem though.

This same thinking, I bet, will be responsible for more incorrect action taken on behalf of the housing market in the future..

Great post! Securitization is at the heart of this problem.

Our economic woes are systemic (broken debt markets getting worse by the day) in nature as opposed to cyclical. Monetary policy cannot fix systemic problems.

This industry and economy need the sensible subprime products that were thrown out with the ridiculous ones. Until and unless we get them back, many people will continue to feel the economic pain and the downward spiral will continue.

The bottom line is nothing will improve in the real estate and lending industries until the process of securitization is repaired. Unfortunately, repairing the securitization process isn’t on the radars of the powers that be.