Replies

1 posted on 09/12/2007 2:36:20 AM PDT by freedomdefender

To: freedomdefender

its the end of the world as we know it

2 posted on 09/12/2007 2:40:43 AM PDT by GeronL (Wal-Mart Respect Enforcement Department)

To: freedomdefender

How many illegal aliens, I wonder.

3 posted on 09/12/2007 2:42:33 AM PDT by donna (They hand off my culture & citizenship to criminals & then call me racist for objecting?)

To: freedomdefender

It’s like the late-’70s and early-’80s all over again. ...except that the Fed. is much smarter now (protecting other economic sectors), and buyers aren’t victims of monster ‘70s interest rates, the gotcha (balloon) payment plans of those days and the like.

4 posted on 09/12/2007 2:48:55 AM PDT by familyop (U.S cbt. engr. (cbt.)--has-been, will write Duncan Hunter in)

To: freedomdefender

If there is ANYONE out there, I mean ANYONE, who doesn't see what really happened in all this, I DEFY them to give me any other explanation.

Real estate prices are based in great measure on how much banks are willing to lend to cover the loan.

As long as prices are rising, banks are eager (aren't banks always eager?) to loan more assuring the ~~suckers~~ customers that there is no way they can lose money.

This whole scheme is based NOT AT ALL about whether we produce steel in this country anymore or how many Tulips we can grow.

And now the Fed and the ECB is pumping billions of dollars into the system IN THE MISTAKEN BELIEF that it will fix things, it Cannot fix things by going to the institutions, and the consumer is too tapped out on the credit nipple to benefit!!

During the depression, it was not unheard of for sheriffs to simply ignore foreclosure notices. You have a legal right to be informed of any notice and demand.

This is the beginning of a commodities bull like we have never seen before. It even makes sense to invest in paper!!

6 posted on 09/12/2007 2:53:02 AM PDT by djf (Send Fred some bread! Not a whole loaf, a slice or two will do!)

To: freedomdefender

So far this year, 731,244 pre-foreclosures have been filed nationwide, it says. That translates to nearly 10 out of every 1,000 households in trouble financially with their mortgages.

And 'that translates' to less than one percent.

7 posted on 09/12/2007 2:54:01 AM PDT by elli1

To: freedomdefender

13 posted on 09/12/2007 3:42:12 AM PDT by Leisler (Just be glad you're not getting all the Government you pay for.)

To: freedomdefender

I’m in Michigan and two people I know quite personally are both in foreclosure. However, in both their cases, it could have been avoided.

17 posted on 09/12/2007 3:54:39 AM PDT by ShadowDancer ("To succeed in life, you need three things: a wishbone, a backbone and a funny bone.")

To: freedomdefender

Hey, if you want to have some fun torquing “investors,” er, I mean, shopping for a beach condo, consider that Miami has a record 23,000 condos for sale today, and will have 42,000 condos for sale by the end of 2008 due to current construction being completed.

...selling at a mere 10 condos per day rate ain’t gonna help ‘em, either. Just beware of Florida’s outrageous property taxes and insurance for new condo buyers and for out of state condo buyers.

37 posted on 09/12/2007 7:52:37 AM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)

To: freedomdefender

41 posted on 09/12/2007 8:10:43 PM PDT by AnimalLover ( ((Are there special rules and regulations for the big guys?)))

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