9/29 Angry 401(k) holders are calling politicians asking them why the
bailout didn't go through. Australia pressuring Congress to pass the
bill to prevent the global economy from imploding. Real estate and
financial lobbyists massing for DC.
... Predictions?
IMO, I don't see why we can't have a blue ribbon panel examine the
issue and figure out how to inject the money.
\_ i lost around $40,000 off my 401k..but i prefer preserving
\_ I lost around $40,000 off my 401k..but I prefer preserving
freedom instead of passing this commie bill
\_ I agree.
\_ We need a much more commie bill than this, one that partially
nationalizes the banks and lowers everyone's mortgage. And for
$700B, we could get it.
\_ i can has a free haus?
\_ More like, you can get a 10% coupon on the house you
overpaid for in 2006 and stay in it and pay the
mortgage, instead of dumping yet another Notice of
Default on an overstressed financial system.
\_ http://www.ihasabucket.com
\_ Huh?
\_ I'd be curious how many people actually want to keep
the mortages. House flippers probably don't want to.
I also met a couple that bought a house pretty cheap 15
years ago, but pulled out tons of equity, and have now
been foreclosed. Do they actually want the house? I
don't know. |