On Sep 23, 6:40 pm, SgtUSMC <[EMAIL PROTECTED]> wrote: > We don't need a bailout. If we're going to give away another handout, > give the money to the people who can't afford to pay their mortgages.
Many of those people have already abandoned their houses and gone, leaving the mortgage holder the new owner who can't sell the property. Others may be making late payments...and we all know what happens with late payments...they become more expensive. Let us not forget how Bush Jr. took pride in the fact that home ownership was at it's highest levels under his administration; thereby providing proof that his theory of economics was superior. But let us us also remember new records; 2.18 million vacant homes, a decline in home ownership, and a 97% increase in the foreclosure rate from a year ago. Google Fight! Taxes vs. prices: Taxes - 196 million Prices - 937 million Prices of things fa-a-ar outweighs the issue of taxes. So what we see is a price issue, not an issue of whether some rich peoples taxes are going to rise or not. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
