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clarity789

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clarity789

Re: None

Tuesday, 03/11/2008 11:19:23 AM

Tuesday, March 11, 2008 11:19:23 AM

Post# of 71722
$200 billion - As theorized - the Fed has decided to subsidize the mortgage industry. They will buy the bonds to guarantee the mortgage industry... and absorb mortgage defaults.

Its official - the mortgage industry is now entitled to a government guarantee.

Americans are now paying for mortgage defaults... banks and lending companys are off the hook.






Those who believe without reason... cannot be convinced by reason

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