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Dec 05, 2008 08:19

How is everyone so stupid (not you, kind reader)?
The case for bailing out homeowners is that foreclosures have far-reaching effects. As delinquencies have skyrocketed, most of the country has suffered steep home-price declines which has helped cripple the economy. Helping some homeowners but not others may not be fair, but it's necessary to keep ( Read more... )

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Comments 3

slothy December 5 2008, 19:37:40 UTC
One more thing. If a "plummeting asset" is only worth DOUBLE what it cost in March 1999, please God curse me with plummeting assets!

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anonymous December 6 2008, 01:09:53 UTC
Sigh, yes, me and Jim complain about this to each other on ye olde irc channel every day. Maybe we should just refuse to pay our taxes. We could all go to jail together.

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gecky December 6 2008, 01:10:41 UTC
and for the love of pete I wish LJ would stop losing my session.

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