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To: Hydroshock
This was like air dropping diesel on a forest fire.

Providing liquidity? That's funny. Wrong, but funny.

It will not solve the 2 underlying causes of the problem, trillions in home values lost adn teh arms that are resetting.

Nobody said that it would. Nobody said that's the purpose of providing liquidity.

If anything this will make it worse.


71 posted on 08/10/2007 10:34:08 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

We sahll see, on Oct. and Feb. when the ARMs reset.


72 posted on 08/10/2007 10:35:21 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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