Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jiggyboy

What’s the rate of return if they foreclose on thousands of houses in a down market?

Probably less than it will be under this plan.


29 posted on 12/06/2007 8:23:19 AM PST by RockinRight (Rumors of Fred Thompson's death have been greatly exaggerated.)
[ Post Reply | Private Reply | To 17 | View Replies ]


To: RockinRight

Nope. The investors were lied to, and they’re the ones being forced to take the hit. There’s no way you can pretty this up for your banker friends who are the only ones who should be on the hook.

Ups and downs used to be part of the deal. You have no business being here if you think it’s ok for the government to change the terms of this private contract.


36 posted on 12/06/2007 8:36:42 AM PST by jiggyboy (Ten per cent of poll respondents are either lying or insane)
[ Post Reply | Private Reply | To 29 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson