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


To: Smiling Bob who wrote (150207)9/25/2008 12:04:30 PM
From: Rolla CoastaRespond to of 306849
 
Bush had the same tone and look when he was selling the war.

Exactly .. using fear to do the conquering



To: Smiling Bob who wrote (150207)9/25/2008 12:05:40 PM
From: cougRespond to of 306849
 
re: <<<Bush had the same tone and look when he was selling the war.
It's disgusting to watch. Nobody says let the mkt work it out. All I'm hearing is how they MUST bail them out or else Main St is dead.>>>

And I just heard a few minutes ago on MSNBC by one of their "newscasters" that we MUST trust our leaders..

Sheesh.. Fool me once and all that jazz..



To: Smiling Bob who wrote (150207)9/25/2008 12:07:12 PM
From: XoFruitCakeRead Replies (1) | Respond to of 306849
 
"how many times does Joe Blown apply for or absolutely need credit in the time it might take for this to work itself out? Our biz relies on on suppliers terms. We don't live or die on credit. "

But where did your supplier get money to extend credit to you? Did he has deep pocket that he finance all his customers or did he go to the commercial paper or bank to get a loan to finance his clients? So if he has no money, can he finance you? And if he cannot finance you, what would you do?