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


To: UncleBigs who wrote (66412)7/19/2006 12:51:14 PM
From: glori  Respond to of 110194
 
what you saying? real estate always goes up!



To: UncleBigs who wrote (66412)7/19/2006 2:00:58 PM
From: shades  Respond to of 110194
 
the banks won't be getting their money when home values plunge. they'll be getting keys to houses that have been thrashed by angry former owners.

Agreed - they will get the houses - and give them to the new immigrants who will promise to be slaves to the bankers for the rest of thier lives for the promise of a house - all those lazy incumbent home owners have to GO - they are too spoiled and don't want to work anymore.

Those nice banker homes needs workers to clean the house, cut the yard, cook the food while the banker plays golf - just ask Elroy and his mexican house keeper. They don't want equals - they want slaves.