SONS and DAUGHTERS of BBCMF THE RUSH TO INVEST in LAND and REAL ESTATE.

[NYBob]

Later, US President George W Bush is expected to set out plans
to help millions of homeowners with sub-prime mortgages
avoid defaulting....

http://news.bbc.co.uk/2/hi/business/6971746.stm

Record defaults

The crisis in the US sub-prime mortgage sector has been caused
by American mortgage rates rising sharply over the past year.

rates rised about 15 times first -
but now when millions lost and walked away from the homes -
we lower it a few times? -
to become a hero? -

and continue to print the counterfeitz paperz -



This has meant a growing number of sub-prime borrowers have been unable to meet their monthly payments as their initial low rates expire, leading to record levels of defaults.

The result has not only been significant financial difficulty for banks and investment firms heavily exposed to the sub-prime market, but also the recent stock market turmoil.

Fed's Hawkish Position On Credit And Default Derivatives Buys A Bit Of Time But Not Much Else -

http://www.jsmineset.com

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btw..fys....
its very little left -
don't lose out on great health -
and wellness -
http://tinyurl.com/3792st
http://tinyurl.com/368bzx
God Bless