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Home foreclosers?
The FED is dropping interests and it is devaluing the dollar.
It helped in the bail our of Bear-Sterns at what cost to us the tax payers?
Now, the Congress wants to give out Billions of Dollars to help Main Street, us as citizens.
Wouldn't the smart thing for the lenders to do to drop the high ARMs to a reasonable interest rate, keep people in thier homes and getting payments made? Would they not make money?
I guess I am just to damn dumb to understand.
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LCA
LX Z # 1
Alumni
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