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Recent Comments
lnxj8 09:22:27 AM Jun 25 2008
The day is your day of death!
http://tinyurl.com/6fuz6h
fd2
longanman 08:26:08 AM Jun 25 2008
The Federal Reserve under Greenspan caused the housing crisis, in an attempt to create a condition that would allow the federal and local governments to collect increased taxes. The seeds for this disaster were planted in 2003 when the Federal Reserve set artificially low interest rates. In the past five years housing has risen on average 180%, meanwhile wages optimistically have risen 17%. There has to be some correlation between what you pay for a home and what you make, this wage to housing matrix is way out of wack. The Federal Reserve by having artificially low interest rates have caused this speculative real estate market where housing has risen way out of reason. The low to middle class homeowner has been trapped in a mortgage that they are upside down in. Its simple if you bought a home in the last two years you owe twice what the home is actually worth. The FED caused this over valuation so the increased real estate valves would allow the Government to collect increased taxes.
longanman 08:23:25 AM Jun 25 2008
Washington has broken the back of the American tax payer!
sharank251 08:21:40 AM Jun 25 2008
stupid bernanke. since gas is bought and sold in US dollars he could have stopped the price from rising by raising the value of the US dollar. instead the moron kept it low and killed our economy. this idiot should resign.
k21bhl 08:04:11 AM Jun 25 2008
Yea, and that's all they will do is talk! They won't do a damn thing about it!
dtwoleftfeet 08:00:46 AM Jun 25 2008
Its still a free country. If u dont like the price of gas make your own!!!
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