Javaman
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 12:47 PM
Original message |
And this Tsunami is supposed to stop with a VOLUNTARY freeze in mortgage rates??????????? |
NightWatcher
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 12:50 PM
Response to Original message |
1. how close are we to an all out CRASH? |
|
the fed has been pumping money directly into the stock market in order to keep things fliud- yea right. And now this. Are we dangerously close to the edge? The dollar is not worth the paper that it is printed on and things are costing us more while the rest of the world is doing just fine. Will we make it to 2009 before the fall?
|
kineneb
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 08:16 PM
Response to Reply #1 |
8. oooohhh, possibly in the early spring (or even earlier) |
|
or at least that is the guess from one of the econ analysts. I think he is probably right.
The last big chunk of ARM resets happens next spring.
Bring umbrella. Major brown stuff about to fly.
|
Warpy
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 01:39 PM
Response to Original message |
2. 20 years? Wouldn't that be the last time the GOP |
|
had the White House?
When are people going to learn? The GOP are just plain bad for the economy. They always screw it up. They just can't help it.
|
catmandu57
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 01:45 PM
Response to Reply #2 |
|
The trouble is people forget too damn easy, if we don't drive a stake through this monsters heart now they'll be back as soon as memory slips again.
|
in_cog_ni_to
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 02:05 PM
Response to Reply #2 |
5. They're bad for the economy and CORRUPT! |
|
Iran/Contra, Watergate, Abramoff, Delay, Cunningham and the entire regime.
|
Horse with no Name
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 02:10 PM
Response to Reply #2 |
|
that George Bush was battling the disastrous economic policies of Carter. HIS policies didn't come to fruition until Clinton was in office. It was directly the result of HIS Presidency that gave us the surplus during the Clinton years. Now, poor Junior is having to struggle through the disastrous economic policies of Clinton. It is so difficult for them, you know, hard hard work. (do I really have to insert a sarcastic smiley here)
|
in_cog_ni_to
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 02:03 PM
Response to Original message |
4. Dick Durbin just said that 2 MILLION people are in forclosure and possibly 3 MILLION are. |
|
He is trying to change that HORRENDOUS Bankruptcy Bill. He doesn't like the psycho's pathetic idea.
|
alfredo
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Dec-06-07 07:17 PM
Response to Original message |
7. If a mortgage company did put a freeze on, they'd get sued by |
|
their stockholders. This whole announcement was bullshit from the start. bush wanted the appearance of concern.
|
DU
AdBot (1000+ posts) |
Sat May 04th 2024, 08:08 PM
Response to Original message |