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seattle-relo
ParticipantI think that you are right in adding number 11. However, this might be very liberal of me to say, but I believe that for some of those borrowers (I can’t say to what percentage) the fact that they sucked money out of their homes was more a symptom of the decline in the middle class. Not all were greedy and buying fancy SUV’s and plasma tv’s(a lot of people did, but not everyone) For many their “home equity” was a needed third income to make up for the underlying decline in salary via increase living and healthcare expenses.
seattle-relo
ParticipantI think that you are right in adding number 11. However, this might be very liberal of me to say, but I believe that for some of those borrowers (I can’t say to what percentage) the fact that they sucked money out of their homes was more a symptom of the decline in the middle class. Not all were greedy and buying fancy SUV’s and plasma tv’s(a lot of people did, but not everyone) For many their “home equity” was a needed third income to make up for the underlying decline in salary via increase living and healthcare expenses.
seattle-relo
ParticipantI think that you are right in adding number 11. However, this might be very liberal of me to say, but I believe that for some of those borrowers (I can’t say to what percentage) the fact that they sucked money out of their homes was more a symptom of the decline in the middle class. Not all were greedy and buying fancy SUV’s and plasma tv’s(a lot of people did, but not everyone) For many their “home equity” was a needed third income to make up for the underlying decline in salary via increase living and healthcare expenses.
seattle-relo
ParticipantI think that you are right in adding number 11. However, this might be very liberal of me to say, but I believe that for some of those borrowers (I can’t say to what percentage) the fact that they sucked money out of their homes was more a symptom of the decline in the middle class. Not all were greedy and buying fancy SUV’s and plasma tv’s(a lot of people did, but not everyone) For many their “home equity” was a needed third income to make up for the underlying decline in salary via increase living and healthcare expenses.
seattle-relo
ParticipantI like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account…weren’t they watching the news?!!?!?!…I want to believe that if it’s FDIC insured that you’ll be fine.
seattle-relo
ParticipantI like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account…weren’t they watching the news?!!?!?!…I want to believe that if it’s FDIC insured that you’ll be fine.
seattle-relo
ParticipantI like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account…weren’t they watching the news?!!?!?!…I want to believe that if it’s FDIC insured that you’ll be fine.
seattle-relo
ParticipantI like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account…weren’t they watching the news?!!?!?!…I want to believe that if it’s FDIC insured that you’ll be fine.
seattle-relo
ParticipantI like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account…weren’t they watching the news?!!?!?!…I want to believe that if it’s FDIC insured that you’ll be fine.
September 20, 2008 at 10:13 AM in reply to: Holy Snickers: You folks see the equity bailout plans by the Fed???? #273115seattle-relo
ParticipantWell, I have to admit I’m pretty lost…but is that 11 trillion dollars that I see in section 10? Huh? Can anyone explain where they got that number? I’m so confused!!!! I am trying to understand what’s going on in the front end and the back end, can you imagine how confused the “average head in the sand” American is right now? We’re doomed…(I think)
September 20, 2008 at 10:13 AM in reply to: Holy Snickers: You folks see the equity bailout plans by the Fed???? #273362seattle-relo
ParticipantWell, I have to admit I’m pretty lost…but is that 11 trillion dollars that I see in section 10? Huh? Can anyone explain where they got that number? I’m so confused!!!! I am trying to understand what’s going on in the front end and the back end, can you imagine how confused the “average head in the sand” American is right now? We’re doomed…(I think)
September 20, 2008 at 10:13 AM in reply to: Holy Snickers: You folks see the equity bailout plans by the Fed???? #273366seattle-relo
ParticipantWell, I have to admit I’m pretty lost…but is that 11 trillion dollars that I see in section 10? Huh? Can anyone explain where they got that number? I’m so confused!!!! I am trying to understand what’s going on in the front end and the back end, can you imagine how confused the “average head in the sand” American is right now? We’re doomed…(I think)
September 20, 2008 at 10:13 AM in reply to: Holy Snickers: You folks see the equity bailout plans by the Fed???? #273409seattle-relo
ParticipantWell, I have to admit I’m pretty lost…but is that 11 trillion dollars that I see in section 10? Huh? Can anyone explain where they got that number? I’m so confused!!!! I am trying to understand what’s going on in the front end and the back end, can you imagine how confused the “average head in the sand” American is right now? We’re doomed…(I think)
September 20, 2008 at 10:13 AM in reply to: Holy Snickers: You folks see the equity bailout plans by the Fed???? #273433seattle-relo
ParticipantWell, I have to admit I’m pretty lost…but is that 11 trillion dollars that I see in section 10? Huh? Can anyone explain where they got that number? I’m so confused!!!! I am trying to understand what’s going on in the front end and the back end, can you imagine how confused the “average head in the sand” American is right now? We’re doomed…(I think)
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