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To: Boiling Pots
$75 Billion is not enough for 9 million homes. It is only $8,333.00 per home and each home will need approximately $250,000.00 to get it back to present day worth. And these are people who were given loans that they should have never been given on $500,000.00 and $300,000.00 homes.

So for 9 million homes one would need $2.25 trillion dollars. Can China and Saudi Arabia loan us that much. Might be as Clinton says we will make the Muslims happy and the only way to do that is to institute Sharia Law.

14 posted on 02/18/2009 9:56:27 AM PST by YOUGOTIT (I will always be a Soldier)
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To: YOUGOTIT

There was some sort of restructuring move late last year and I cannot recall if it was voluntarily entered in to by the banks, whatever.

The last news I heard about THAT restructuring was that more than 50% of the people who took it were in trouble again.


18 posted on 02/18/2009 10:01:31 AM PST by djf (NO FREE HOUSES!!!)
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