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To: 2ndDivisionVet
I for one would be outraged.

The people that bought these homes with nothing down have little to lose. That have little invested. On the other hand we have stupid lenders that lent money where they shouldn’t have and created this mess to begin with. They should pay the consequences. After all they did it in the first place to make more money. Their greed got them where they are. Now comes reality. To erase the consequences for their greed only invites more of the same at others expense. A big fat NO!

9 posted on 08/25/2007 12:34:29 AM PDT by DB
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To: DB
What you said. Except even if the bad 'ol money boys were raking it in - they also sucked a lot of honest jobs in - just let it crash?

My advice to Bush: Jawbone the Fed to lower rates to give the economy a period to adjust - give it a soft landing - there are a lot of "innocents" that would be hurt as well in a crash.

Nite. ;-)

19 posted on 08/25/2007 12:52:05 AM PDT by Tunehead54 (Nothing funny here. ;-)
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