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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Proud Deplorable who wrote (88188)10/30/2007 12:52:37 PM
From: Mike Johnston  Read Replies (1) of 110194
 
I don't feel sorry for speculators getting burned. Everyone needs a home and many are being deprived of one by people who need to own 10 of them.

I feel exactly the same way.

But it is reckless government policy that created this situation.
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