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Originally Posted by mlurp
While you are considering the thoughts of others maybe th eidea of what is best for America can be looked into a bit more! As our citizens pay taxes to their local and national agencies, don't they. Seeing the Govt. hasn't offered the states much in the way of help nor will they (as for America's benefit we need to spend 2 billion a week in some far of dirt country to enrich the few, which again back here so a few get more $) You say you work in the industry so you know what I am saying, don't you?
Well America's best and most important acesset is its citizens. Gee that won't sell on th emarket, but it is true! Now live with the truth,
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I couldn't agree more, but you are opening a whole can of worms as there are any number of situations that fit that bill, wherein the government has turned a blind eye on dubious practices by corporations, and in so doing has screwed over Americans who when the chips are down end up paying for it.
As I am in the finance industry, it is easy for me to see the consequences of the fall of a huge financial institution - although the markets have been fairly less volatile as of late, and it would seem that danger is past for the time being. But in issues of housing I am only savvy in so far as I read about it, and you have obviously done a lot of research on the subject. Hence, I defer to people who have a better grasp on the situation than I.
I just hope that if things get really bad and I must choose between paying my high interest credit card and eating, I can count on the government to refinance it for me at a lower interest rate. If they can do that now, instead of waiting for everyone to get their ulcers, that might improve my buying power,
