[EVO X]

He would remind Americans that we have been through tough times before, but that we will come out stronger than ever. And then he should go and pray.

It would be a waste of time at that this point. People are still refinancing their homes and taking 0% auto loans.

My credit union is offering refinancing on the zero interest car loans. There are people that can't meet the conditions of the loans from the car companies, but thought they could when they got the loan..

[razorback-bert]

Please expand a bit on the refinancing.

[teresat]

Most of the people who are refinancing are not refinancing for a shorter term but going back to a 30yr mortgage. I recently refinanced and went from 24yrs left on 30yr to a 20 year fixed and all my husbands friends have called us stupid. They say don't you want the money to "get a new car, go on a trip" etc.,etc. Oh yeah they tell us "don't you know debt is good?" I just don't get their reasoning one day they'll have to pay the piper.

[Huck]

My thick skull is having trouble understanding the gist of your remark. Could you expand on it a bit? Are you saying that the pleasures of refinancing and 0% interest loans outweighs the pain of stock losses and layoffs, and that therefore the speech isn't necessary? Or that the effects of the refinancing will be stimulative and therefore the thing to do is just wait?