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To: AmericanMade1776
Any Freeper here hurt by these finanical institutions money woes? \

I own my home. I have no debt. No loans. I'm only hurt if I sell investments now.....

50 posted on 09/20/2008 7:28:06 AM PDT by kjam22 (see me play the guitar here http://www.youtube.com/watch?v=noHy7Cuoucc)
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To: kjam22
kjam22 wrote: Any Freeper here hurt by these finanical institutions money woes? \ I own my home. I have no debt. No loans. I'm only hurt if I sell investments now.....

Me too

64 posted on 09/20/2008 7:36:20 AM PDT by AmericanMade1776 ( Our Mamma beats your Obama)
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To: kjam22; AmericanMade1776; All
Ditto here in ChiTown.

Curious what others think would happen if a total credit freeze were to occur? That would mean no bank loans to small companies (to meet payroll, etc.) leading to layoffs. That is what the Feds are trying to avoid a total credit freeze.

Also, I guess these million dollar homes in a blue collar neighborhood might just not be worth a million dollars anymore???? (Can you imagine owing Mayor Daley $30,000 in property taxes EACH YEAR for as long as you own the home/mortgage?????)

168 posted on 09/20/2008 10:07:50 AM PDT by Chgogal (Voting "Present" 130 times might be a sign of a smart politician. It is not a sign of a good leader.)
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