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


To: DebtBomb who wrote (200804)5/7/2009 10:22:13 AM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
We DID get change. The change is that we now get to pay for ALL of Wall Street's mistakes.

Thanks Clowngress and Obama!

You lose your home to the bank. Both you and the bank suffer a loss. That's deflation. Clowngress borrows money in your name and, for all practical purposes, gives the banks back the money they lost. That's inflation. Net result: The banks are fine and you paid for everything.

Unfortunately you can't get a loan again because the bank thanked you by reaming your credit rating.