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To: djsherin

It’s not 20% of the bill. It’s 20% of the profits from asset sales.

Reprehensible still, but let’s be accurate.


7 posted on 09/27/2008 12:56:14 PM PDT by Petronski (Please pray for the success of McCain and Palin. Every day, whenever you pray.)
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To: Petronski

My bad. Still this whole issue is a disgrace.


11 posted on 09/27/2008 12:59:23 PM PDT by djsherin
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To: Petronski

“It’s not 20% of the bill. It’s 20% of the profits from asset sales.”

It’s more than 20% of the profits from all asset sales. It’s 20% of the profits from each profitable transaction. As the portfolio will likely have a significant number of loss transaction, the proportion of the profits allocable to the “housing trust funds” will be much more than 20% of the aggregate profit.


17 posted on 09/27/2008 1:09:54 PM PDT by Warlord
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To: Petronski

Are you saying that the profits are not coming back to the taxpayers. Stop the presses.


19 posted on 09/27/2008 1:23:37 PM PDT by proudtobeanamerican1 (God Bless Sarah Palin and her Family.)
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To: Petronski
No profits, no assets....no nothing! should be going to ACORN!!!!!!!!!!!!!!!!!
69 posted on 09/28/2008 5:09:42 AM PDT by Guenevere (We will NOT collapse.The New World Order WILL collapse.This is our last chance!)
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