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To: Nadine Carroll who wrote (232373)	12/23/2007 5:47:03 AM
From: JDN	Read Replies (2) \| Respond to of 794221

Well, here is why I am concerned about the economy. My wife and I contracted for a new home 9 months ago when things didnt seem so bad, at least locally, in the real estate market. I own two properties in Fla. and felt I would have no trouble selling AT LEAST ONE in 8 months. Didnt happen. So, now I have to take out a mortgage to close on our NEW home and have cut back to only the absolute essentials for reasonable living in new furnishings for our new home until such time as I sell something. I believe that financially, I am better off then the average American, our banker says our credit rating is in the top 1% of the nation and thus I had no trouble securing this mortgage. While I am just one household, multiply that by the innumberable households in America that wish to move but are locked into their present residence until they can sell it and you can see how this sure can effect the economy and the effect can cascade throughout all goods and services. jdn

To: Nadine Carroll who wrote (232373)	12/23/2007 1:51:38 PM
From: KLP	Read Replies (1) \| Respond to of 794221

Re: The better-than-expected surge lessened fears of an imminent recession. This is the type of comment we find every day in all printed and TV media.... What surge? Who expected the surge? What did "they" expect? fears....who is fearing? IMMINENT recession? .... typical.... What I don't see many comments for, and from my limited knothole....is WHAT is happening in all major banks and all major financial institutions? The bundling of bad and good loans, being sold, then re bundled and resold, to larger and larger companies....evidently it will take months if not years, to figure out exactly what these institutions actually have. In the meantime, the insurance companies for these "bundles" are downgrading the "bundles".....from AAA to C- China is stepping in, and evidently so are many others.... How much of a problem will this be to our economy?