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Date:	Tue, 4 Sep 2007 22:48:38 -0700
From:	"Steven Levine" <steve53@earthlink.net >
Reply-To:	scoug-help@scoug.com
To:	scoug-help@scoug.com
Subject:	SCOUG-Help: Help with Old Computer...?

In <46DDB6F3.7040807@ca.rr.com>, on 09/04/07
at 12:49 PM, Martin Rosenfeld said:

>Especially so if the Fed prints more money or expands credit by lowering
>interest rates. More money = higher prices.

That's not going to help those that are looking at their mortgage payments
tripling. The only thing that could save these folks from default and
forclosure is to give them the houses or forgive 2/3rd of the mortgage
amount. I doubt either of these will happen.

Steven

--
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"Steven Levine" MR2/ICE 3.00 beta 08pre #10183 eCS/Warp/DIY/14.103a_W4 etc.
www.scoug.com irc.ca.webbnet.info #scoug (Wed 7pm PST)
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