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  • Wall Street Breakfast: Must-Know News [View article]
    I hope Ford makes it through this slump and doesn't go to the taxpayer for a bailout like GM and Chrysler. I bet not focusing on how someone else is going to save you might produce a better business plan and better products. My next vehicle will be a Ford. Now, how about these mortgages.

    Here we are with false interest rates (not market driven) for mortgages. The government and American people seem to be "all in" on the bailout of the most outrageous over consumption of an asset in history. I would like to ask everyone SA to originate your own mortgages at 4 - 4.5% and carry them on your balance sheets. If you choose to do this, I bet you would also be in line for a bailout in five years.

    What's happening is crazy with no thought of the future. Interest rates will be heading a lot higher in the years to come because of all the world's government involvement.

    Home prices should be allowed to adjust in the free market. The prices are too high for the new slower growing economy of the future. Someone has to take the loss. Looks like once again, it's the taxpayer, or the taxpayer that lived within his/her means.
    Mar 06 10:37 am |Rating: +3 0 |Link to Comment
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