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

To: marcher who wrote (103050)	2/2/2008 2:14:33 PM
From: ChanceIs	Read Replies (1) \| Respond to of 306849

>>>seems more like buying votes from the u.s. masses and saving the financial sector.<<< Quite right. There is certainly more than a little of that going on. Shift wealth from the wealthy to J6P by freezing rates on ARMs. Shift wealth from J6P to the wealthy by printing money - assuming that the wealthy own assets which appreciate at a rate equal or greater than inflation. Where does it net out??? Beats me. I have no credit card or HELOC debt. But I also have no plasma TV. Where does that leave me??? I told a buddy 15 years ago that I had no credit card debt (true then and now). He looked at me with disdain and called me unAmerican.