Now that's what I'm talking about! Thanks, Mario, for the backup!
S.
--- In AsburyPark@yahoogroups.com, [EMAIL PROTECTED] wrote:
>
> In a message dated 1/11/2008 2:05:49 P.M. Eastern Standard Time,
> [EMAIL PROTECTED] writes:
>
> No flames intended! Just was giving simple examples, MOST people can
> understand. The only argument I have is, you can't clump blame on
everyone!
>
> , docp101@ wrote: Sharon, While I appreciate your "Economics 101"
> lesson, don't muddy the water
> Sharon's Economics 101 lesson was an echo of what Fannie Mae's
president,
> Daniel Mudd, had to say at the U.S. Chamber of Commerce news
conference earlier
> this week. He reminded those who believe "The old rules don't
apply," that
> "The old rules do apply." I listened to his remarks because he
gave simple
> examples that laymen like me could understand.
> Daniel Mudd talked about the housing market and subprime mortgage
crisis and
> the broader implications for the U.S. economy. He outlined measures
to ease
> the crisis and reforms for the future.
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