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


To: Les H who wrote (182562)2/9/2009 1:00:20 AM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.<<

or enough to pay down 100% of all mortgages to 10% of the current outstanding.

ooooooooh my.



To: Les H who wrote (182562)2/9/2009 7:41:59 PM
From: NOWRead Replies (2) | Respond to of 306849
 
did anyone mention that this all may turn out REALLY badly? like far, far worse than any of us imagined over the years here?