Alex, do you still believe that 4S is the place to buy?
The billions in losses in the mortgage market is not due to a few defaulting homeowners, but millions of them. What does the mean? Those millions of homeowners cannot afford the mortgages they got into. Remember, the hedge funds are opaque and nobody knows who owns those non-performing mortgages.
Are you still dancing although we’ve hit the iceberg? (I stole that from an article I read).
I don’t think that anyone has confidence in Bush anymore. Come the September report on Iraq and his credibility will have evaporated. He’s been telling us that Iraq will turn around for the last 4 years. Does anyone believe him anymore?
To the politicians out there: give us the complete truth and allow us to swallow the bitter pill.
