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


To: NOW who wrote (201873)5/12/2009 3:02:13 PM
From: Bank Holding CompanyRespond to of 306849
 
9 Trillion is chump change.



To: NOW who wrote (201873)5/13/2009 11:08:54 AM
From: GraceZRead Replies (4) | Respond to of 306849
 
What would you say if someone asked you to elaborate on an a sum that appears in an article that you hadn't read, just make something up? I guess you could call her reply a "sound bite" considering it did what he desired it to do, get idiots like you jumping around!

I have a little news for you in case you have trouble with the math involved with such large numbers, the government is NOT going to cover 9 trillion in liabilities from anyone, regardless of what I'm smoking. If you can't figure out WHY you need a little history lesson on GDP, tax revenues and the ability of any nation to borrow on future revenues.

But hey, if the government can declare health insurance for all when it can't possibly cover the promises already made, it might just as well promise it can cover any and all liabilities arising from all the mortgage deadbeats.

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