To: pissant
Right, there IS credit available.
It’s just that the Gov’t and Wall Street want to return to the days of EASY credit for the uncreditworthy, with the Fed Gov’t acting as insurer once the loans go bad (again).
4 posted on
10/06/2008 9:25:40 AM PDT by
Boiling Pots
(Hey B. Hussein, are you going to prosecute me now?)
To: Boiling Pots
You got that right... I've got an excellent credit history... and money in the bank to cover a 20% down-payment on a house... I've been house hunting recently and keep getting bombarded by property managers of new sub-divisions leaving messages on voice mail to pull the trigger and buy now.
I LOVE a "buyer's" market.
Bow to me o builders of houses.
9 posted on
10/06/2008 9:50:12 AM PDT by
Trajan88
(www.bullittclub.com)
To: Boiling Pots
It’s just that the Gov’t and Wall Street want to return to the days of EASY credit for the uncreditworthy... Current stock market values are built on that. If they can't restore at least the illusion of easy credit, world markets are in for a hard fall.
11 posted on
10/06/2008 9:51:10 AM PDT by
Mr. Jeeves
("One man's 'magic' is another man's engineering. 'Supernatural' is a null word." -- Robert Heinlein)
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