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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Metcalf who wrote (93866)	2/6/2009 1:01:58 AM
From: John McCarthy	1 Recommendation Read Replies (2) \| Respond to of 116555

really scary thought ... if it played out as you painted it because BILL was/is as open ended as suggested here ... if - all my neighbors started to do it -- due to word of mouth or other reasons .... then the universe of all remaining home owners (including me )would have NO CHOICE but to do it .... just to keep even as holders of total US govern't debt and getting our equal share of the pig trough the debt would create .... additionally - we can calculate minimum cost right now (roughly) (total us homeowners primary residence ) * $15,000 ... PLUS - vacant homes in current bank inventory that get sold I think ... its a free payment to XX% of US families - and screws those who can't financially take advantage of regards John