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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (21758)	8/29/2007 7:12:12 PM
From: carranza2	Read Replies (1) \| Respond to of 217917

Obama is doing a bit of demagoguery. Mortgage brokers don't have J6P's pot to piss in. There can be no blood from turnips. And declaring the mortgages invalid is, well, beyond stupid.

To: TobagoJack who wrote (21758)	8/30/2007 2:13:11 AM
From: elmatador	Respond to of 217917

You pass the risk to the ones who can't assess it. At the bottom where the knowledge of the risk is non exsitent, you make money out of the clueless. The politician has to step in and try to put in place regulations: Definition of regulation: "the big guy should not assault the small guy" In the Washington there are powerfull lobbies, that stop regulation so that he can continue making money. Before this was done to emerging markets and it was perfectly acceptable. Today is being done at home.