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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Oblomov who wrote (83219)	6/30/2007 6:05:10 PM
From: John Vosilla	Read Replies (4) of 110194

'And though you didn't mention it, what about the go-go stock mania of the 1960s, when the Dems controlled every branch of government by a huge margin? Were lending standards too lax then?' You are comparing today to the 1960's? My gosh my grandfather couldn't get a mortgage without 50% down back then. That was a world of paying down your debts. Flip to today my retired dad gets inundated with mortgage offers on a daily basis. The poor guy can't even get his afternoon nap as call after call is from predatory lenders desperately trying to get him to borrow money. 'I realize that these facts get in the way of your political narrative. Simply put, neither major party has been a guardian of sound money or an advocate of fiscal probity' Both parties s&&&&&ck. Are you happy? But the Bush economy of debt slavery and massive deficits or Larry Kudlow rants of tax cuts are the pits considering local taxes in many parts of this country have tripled in recent years and inflation is running at easily double or triple the increase in J6P's earnings. I'll take divided gov't anyday.

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