its nice that you can deduct interest payments / you sure cant do that in Canada.
Bush has the biggest debt than all the past presidents but has made no attempt to pay it off by raising taxes .. So the housing bubble was intended to stimulate the economy and construction industry (thanks to low rates and easy credit)
so now the US$ is down even more (and here - in Canada- the big story is that the Can $ has reached parity - etc.. although whats really happening is that this is the Empires way of passing on the costs of its overspending and the Iraq War to the rest of the world)
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sj