To: Hydroshock
But it’s not just the “evil” mortgage companies (I wish you’d stop calling me evil) suffering...it’s anyone who has concern for the value of their real estate, or the ability to sell it, or refinance it, or anything. The effects are a lot more far-reaching and the “I’ve got mine” attitude you have will disappear quick when your own financial portfolio starts to suffer.
40 posted on
08/08/2007 10:16:41 AM PDT by
RockinRight
(Fred's Campaign: A hell of an opening, coast for a while, and then have a hell of a close.)
To: RockinRight
Where did I call them evil? And as for the I got mine, well I do have some, but I worked far it and made smart decisions. And I am very hesitant to run the risk of damaging the economy to bail out people and an industry who made their problem out of their greed. And as for my situation being damaged, I figure it will be. I expect to lose about 10% of the value of my house in the next 18 months and have already moved all of my families investment to money markets. We are also building up out savings in case of more dire scenarios.
46 posted on
08/08/2007 10:27:51 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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