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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (176955)1/14/2009 2:10:41 AM
From: Patricia TrincheroRead Replies (2) of 306849
 
I heard tonight that the Obama plan was going to help the people who are in in default on mortgages and /or loans. They are likely to be in default again soon.

Like you said, why not help out the people that are NOT in default on anything and have kept current on all payments through this mess...............they are the people that are paying for the bailouts and they have earned a bonus ! We are also the people that are in the best shape financially and more likely to spend that bonus which will aid recovery.

We just got a bonus at work and many of us went out and bought things we needed or wanted. We're already making our payments so we can afford to buy extras.
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