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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (360055)11/24/2007 2:58:41 PM
From: tejek  Read Replies (2) of 1575880
 
He also believes Federal Reserve Chairman Ben Bernanke should do more to help the economy. Bernanke said in recent comments he has no direct plans to bail out the mortgage industry, but to instead offer relief through cheap interest rates and further liquidity injections into the banking system.

Bernanke needs to bring the fed rates down lower if he wants to be of any help.

And its not just that people got saddled with these bad loans. People have done some very stupid things.......like loading up on the equity in their places to the point where they can't make the monthly payments. I don't get where people's heads are sometimes.
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