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Elites Float U.S. Bank Bailout Plans
The Wall Street Examiner ^
| February 7, 2008
| Juan Carlos Arroyo Calderon
Posted on 02/07/2008 9:59:07 AM PST by Halgr
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To: nicmarlo
1.00 US or 3 gumballs will do :)
21
posted on
02/07/2008 7:43:11 PM PST
by
jedward
(Anti-Bush-Bot Spray...Get yours Today! (Patent Pending))
To: jedward
lolol!
I remember that. :)
Didn’t I say my favorite kind was pink?
22
posted on
02/07/2008 7:47:04 PM PST
by
nicmarlo
To: nicmarlo
I don’t recall. I have a faulty memory at time lol
23
posted on
02/07/2008 7:47:45 PM PST
by
jedward
(Anti-Bush-Bot Spray...Get yours Today! (Patent Pending))
To: Halgr
This issue hit home when my neighbor of 2 1/2 years packed up and left this weekend - just walked away from his 450K home(he owes 550k).
The problem with the solution offered is some loans have payments 'less' than the interest, and the interest difference is added to the principle each month. The priciple never decreases.
In the industry, these are called Neutron Bomb Loans - after three years, the people are gone, but the house is still standing ...
24
posted on
02/07/2008 7:53:54 PM PST
by
11th_VA
To: jedward
I dont recall. lol; I'm sure it was pink. But, since I'm having to pay YOU gumballs.......I guess it doesn't matter my color preference, lol.
25
posted on
02/07/2008 7:59:01 PM PST
by
nicmarlo
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