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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (114610)7/26/2001 4:28:39 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
this is absolutely shocking...$5,000 of equity left? once property prices tumble (and they will) they'll have negative equity...lose one of their jobs, and the road to delinquency and foreclosure beckons. but hey, he "just loves" his big TV and "likes to buy things"...

it's a sickness...and symptomatic of our age. what's most off-putting is the fact that the Fed is actually actively encouraging this type of recklessness.
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