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Re: wall_rus post# 340873

Friday, 07/11/2008 11:59:55 AM

Friday, July 11, 2008 11:59:55 AM

Post# of 495952
I guess I must have missed the part of the Constitution where they mention foreclosure as being illegal along with falling house values

low-income home owners who were lured into high-interest mortgages by predatory mortgage companies

What a fairy tale. People were given the terms of the loan before they signed

The bailouts of the banks and homeowners in default will only serve to take risk out of the equation and thus insure future bubbles with bigger bailouts till one time the system just implodes

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