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Old 30-09-2008, 05:04 PM
xelasnave's Avatar
xelasnave
Gravity does not Suck

xelasnave is offline
 
Join Date: Mar 2005
Location: Tabulam
Posts: 17,003
Wall Street can you fix it?

George just called he needs help ..what will I tell him to do..so how can Wall street be fixed ..let it die or prop it up...I reckon all mortgages should be under a moritoriun..no forclosures whilst the mortgagor pays 3% to keep step with inflation..I think this was done in 1929 crash..but this means the banks contain the problem of poor investment without help from others or to the detriment of the mortgagors who arecaught by preditory lending.
alex
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