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


To: ChanceIs who wrote (90118)9/22/2007 2:42:49 PM
From: Dan3Read Replies (1) | Respond to of 306849
 
Re: How John Edwards will tax us to pay for the foolish borrowers....

...So the banks would eat the $20K in bankruptcy.


No, no, no, no, no.

Edwards is the ONLY major candidate that asks the parasites that created the risky, worthless, CDOs, etc. eat the risky, worthless, CDOs, etc.

The prudent savers would be rewarded with higher interest rates for DEPOSITS, which the Banks would have to seek out - instead of "borrowing" it from the fed or seeking hedge funds' deposits.



To: ChanceIs who wrote (90118)9/22/2007 6:38:42 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Yeah, Edwards is basically a socialist. Let the courts "set market value" on homes? I think not. Pretty hypocritical too, for a guy who at one point made big coin writing subprime loans (in New Orleans, no less!)



To: ChanceIs who wrote (90118)9/23/2007 9:46:11 AM
From: Pogeu MahoneRespond to of 306849
 
By the time the clowngress sets this up hopefully they will be way to late.