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PatrickB PatrickB is offline
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Join Date: Apr 2005
Location: Brea, CA
Posts: 2,807
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+1 on letting the market sift things out!
Why the bailout for morons who lied about their income to get into homes they could barely qualify for at the teaser rate???
A freeze on the subprime rate will only prolong the inevitable stock market crash that will likely happen in the next 6-12 months where a 20-30% correction will be seen... The longer the wait for the correction, the worse it will be!
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'85 Carrera Coupe, Marble Grey #118 JP/R6
'93 Lexus SC400, '00 Ford F-150
'70 911T- 2.7 (SOLD)
Old 12-05-2007, 04:50 PM
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