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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (23506)10/8/2008 9:13:39 AM
From: GROUND ZERO™  Read Replies (3) | Respond to of 25737
 
I also heard him say that, but I think he probably didn't mean to say it... it makes no sense...

GZ



To: Bill who wrote (23506)10/8/2008 9:20:11 AM
From: TideGlider  Read Replies (1) | Respond to of 25737
 
I was wondering how that works. Does it mean a guaranteed reduction of mortgage rates to 5 1/4 %? I have heard several plans along those lines and some that even reduce principal.

If they want to do that it is much easier to allow inflation to run wild and everyone would eventually have manageable mortgages.

I am tired of all the systems and gimmicks in the financial systems and I am very convinced that bullets and band aids might be the best investment.