Rocktex

The Government's Subprime 'Bailout' Plan Will Kill the Housing Market

Good point?
Good, it tells the same scenario as we did to finance, re-finance and re-finance to a 3rd poor country who is always in default. That means the country gets a new loan to pay a old one. The people in the 3rd world is getting poorer and the anti-America imperialism aversion is growing.
Sure, we can't send a troop to collect the debt. Neither the debt is paid.
Do you think that will happen to our citizen in Cali?