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Is the Country/Dollar near Bankrupty?

By
Real Estate Agent with 100% Realty, Inc.

Is the dollar on a fixed course for bankruptcy? 

Will we soon need a bushel basket to carry enough dollars to buy a loaf of bread?

What will happen to the houses we all live in if we can't pay for them?

Will lenders take them all back by force?

How can the lenders take them back, if they, too, are bankrupt?

Will the pennies on the dollar bankruptcy buyers of the foreclosed loans have the force to commandeer possession of those occupied homes?

Will cutting spending fix the problem?

Will tax increases fix the problem?

Will government bailouts fix the problem?

Is a government bailout simply the transfer of debt from a company to taxpayers?

What do you think?

Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

ROBERT, I think that I 'm tired of thinking about it.  YIKES what a mess we are in!!!! I am NOT THRILLED about this bail out!!!!

Oct 02, 2008 11:07 AM
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

We need to do something, just what I haven't a clue.  The old fixes don't work.

Laura G

Nov 18, 2008 09:30 AM