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To: DoughtyOne
Why should the federal government bail out people who cannot afford their homes?

Because many people wouldn't be in trouble if the Federal Reserve hadn't kept interest rates too high.

31 posted on 08/25/2007 5:11:47 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62

Well that’s all rather relative. Interest rates today are quite low by historic standards.


53 posted on 08/25/2007 1:40:26 PM PDT by DoughtyOne
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