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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Dan3 who wrote (87356)	9/30/2008 3:03:52 PM
From: ggamer	Read Replies (2) of 116555

<Everyone's whining that the proposed bailout plan was no good, but on one's proposed an alternative - if something isn't put forward, they're going to ram that garbage down our throats!> I proposed a new idea to my mortgage company but they had no idea what I was talking about. I told the mortgage company that I want to use my cash reserves to pay off my mortgage but I only have 70% of the funds. They told me that I have to propose a short sale! Huhhhh I think the government should allow people who saved their money for rainy days to pay off their mortgages at a discount. Government/Banks get the much needed funds. Good citizens get a discount on their loans. Win win situation! What do you all think????????????

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