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To: 21twelve; Absolutely Nobama; AFPhys; afraidfortherepublic; AmericanInTokyo; ...
Santorum for President Ping List.

FReepmail “Antoninus” to be added or removed.

2 posted on 02/27/2012 2:35:43 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: Lazlo in PA

I totally agree. (on the $4 per gal gas kicking off the mortgage crisis) When you are filling two, or more, cars per week at $4 per gal. it really adds up. Suddenly there is no wiggle room in the budget. Then somebody loses a job and it’s crisis time.


17 posted on 02/27/2012 2:57:36 PM PST by afraidfortherepublic
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To: Lazlo in PA; All
I live within a mile of a housing development near an interstate highway which should be the poster child for the 2008 housing bubble.

The development was pitched exclusively to Marylanders, who thought that the $250 - $350K McMansions on quarter acre lots were a bargain even though they were at least $100K overpriced by Pennsylvania standards.

They could handle their interest-only mortgages AND their 80 to 120 mile daily commute UNTIL the gas price spiked. Then we started seeing a full newspaper page of just these properties being Sheriffed.

37 posted on 02/27/2012 3:33:46 PM PST by lightman (Adjutorium nostrum (+) in nomine Domini--nevertheless, Vote Santorum!)
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