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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (37067)	8/6/2005 1:49:33 PM
From: Doughboy	Read Replies (1) \| Respond to of 306849

The GSEs are not guaranteed by the taxpayers; isn't that the point of what Treasury and the Fed have been saying all these years. As for banning aliens from getting mortgages, I guess we're all capitalist free market proponents until it offends our sensibilities. What's next, no small business loans to abortionists; no credit cards for evangelicals?

To: patron_anejo_por_favor who wrote (37067)	8/6/2005 4:44:53 PM
From: John Vosilla	Respond to of 306849

"So facilitating borrowing by illegal immigrants is promoting wealth transfer....since they're here illegally" I now get the feeling this ownership society, illegal immigration and push to bring more Chinese and Indians into the middle class is all part of the grand scheme to continue growing the economy and create more consumers across the country and across the globe. This is perhaps the best way out of this mess short of depression and debt cleansing that Mish says is inevitable<g>.