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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (48425)	12/30/2005 9:45:37 AM
From: loantech	Respond to of 110194

Thanks for the accurate information Russ.

To: russwinter who wrote (48425)	12/30/2005 10:36:33 AM
From: John Vosilla	Respond to of 110194

I wonder what those charts would like over the years for the average first time home buyer. Probably an even more dramatic shift.. People had to put 50% down in 1960 and payed not more than two time annual income for a home..

To: russwinter who wrote (48425)	12/30/2005 12:37:35 PM
From: Gotham Guru	Read Replies (1) \| Respond to of 110194

Russ, My comments were not directed at you unless you are rooting for the so called collapse of the real estate market. As far as the corruption, plutocracy, etc you refer to below, is there any country anywhere on this planet where that does not exist? <<The US is a plutocracy not a democracy, and it's form of "capitalism" is of the dangerous corrupt deregulated cronyism school, and with a heavy dose of moral hazard. And saying so does not make me unpatriotic. Message 21107936;