Fraley1

Don't Count on a Fast Turnaround for Thornburg Mortgage

Hello,
I have not been duped. I wised up based on facts. Bush's opinion polls tell a story of woe. Would you buy a new house when you can't heat or cool the one you have. for a I am hanging on to my stocks. The consumer won't buy a house. The rates are right. Why because an expensive war we were duped into. HIGH as ever gas and heating prices. Uncertainty in our goverment. Media scare tactics. Bush and his administration have caused the ression to be in motion a few years back. Clinton had us right!
Subprime borrowers are getting beat up by the economy. They where in trouble before thanks to Bush administration. That is one part of thier defaults. The other obvious blame is VERY poorly written loans to dead beats and investors.