The Mudcat Café TM
Thread #102499   Message #2194358
Posted By: Donuel
15-Nov-07 - 09:49 AM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
We had our money in our homes which are now worth about 20% less on top of the 38% drop in the dollar since 2001. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

That is some pretty slick thievery if you ask me.

Let the banks buy them up at 50 cents on the dollar and resell them for a 50% mark up within 5 years and the rip off cycle will be complete.