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To: siempre33 who wrote (46824)8/10/2007 9:33:26 AM
From: loantech  Respond to of 78426
 
Gotta come way down to save those prior ARM buyers......



To: siempre33 who wrote (46824)8/10/2007 10:12:16 AM
From: WalterWhite  Read Replies (1) | Respond to of 78426
 
If home buyers and lenders are bailed out (yet again), how bad do you think the next cycle would be? No punishment, no lesson. Also, i do not think the fed governor should dictate public policy and bail out the "over levered". No free lunch and ultimately everyone else pays for others' greed and/or stupidity. I recognize many will not appreciate this argument, however, I for one do not want to bail them out at no cost to those responsible...

Sure roll the presses and make us all poorer so a small minority can continue to live beyond their means!

Globe



To: siempre33 who wrote (46824)8/10/2007 10:27:41 AM
From: Proud Deplorable  Read Replies (1) | Respond to of 78426
 
Jim Willie Nailed It

kitco.com