Navydoc, I know a number of people like that too. The Fed can lower interest rates all they want but when the monthly mortgage doubles (rather than triples) those homeowners will still eventually lose their houses. It’s just a matter of time.
Acetia, I’m a libertarian and voted Republican many times. The problem with Mc Cain is that he wants to stay 100 years in Iraq; and, by his own admission, Mc Cain knows nothing about the economy.
Remember Econ 101? Big government spending is depriving the private sector of needed financing. The Iraq War is a huge reason why we are entering recession.
