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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ChanceIs who wrote (90118)9/22/2007 2:42:49 PM
From: Dan3Read Replies (1) of 306849
 
Re: How John Edwards will tax us to pay for the foolish borrowers....

...So the banks would eat the $20K in bankruptcy.

No, no, no, no, no.

Edwards is the ONLY major candidate that asks the parasites that created the risky, worthless, CDOs, etc. eat the risky, worthless, CDOs, etc.

The prudent savers would be rewarded with higher interest rates for DEPOSITS, which the Banks would have to seek out - instead of "borrowing" it from the fed or seeking hedge funds' deposits.
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