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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (361862)	12/8/2007 1:33:40 PM
From: steve harris	Respond to of 1578206

Chris, do you want 2 million homeowners on the street and their properties in foreclosure and back on the market? Would you want your money to bail out people who can't afford to pay their credit card debts? Can your students balance a checkbook or just have the global warming talking points memorized so they can recite them while practicing putting condoms on cucumbers?

To: tejek who wrote (361862)	12/8/2007 1:36:49 PM
From: bentway	Read Replies (1) \| Respond to of 1578206

"Chris, do you want 2 million homeowners on the street and their properties in foreclosure and back on the market?" Of course not. But this plan will prevent anything REAL from being done, while propping up the markets. That's all it was intended to do. This is BUSH, pal! This plan benefits some lenders, at it's very best. It's the Medicare Drug Benefit for RE. The VERY few chumps who qualify after the hurdles will be paying INTEREST on houses that will be declining in value for several years. They'd be MUCH better off just to quit making payments, save the money for deposit and rent, and then when time is up, rent some other lender's empty house for less than they would have paid under this "rescue". It's not like they have equity.