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

To: Jim McMannis who wrote (421362)	10/1/2008 2:03:03 PM
From: michael97123	Read Replies (1) \| Respond to of 1577100

Another 10% fall in housing along with a credit freeze up will cause foreclosures to skyrocket. The whole purpose of the bail out is to provide a safety net or a floor beneath housing and stock prices while allowing toxic waste to be removed from balance sheets of banks, thus enabling them to do their prime directive which is to lend the money of depositers to homeowners and solvent businesses. When a system freezes up, neither free market sloganeeing or socialist dogma works.