Re: OT: Emergency Buy Out

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Author: keith smith
Date:  
To: Main PLUG discussion list
Subject: Re: OT: Emergency Buy Out

Yes this is a natural effect of an economy gone wrong.  We need an adjustment and a good one to clean out some stuff.  For instance anyone being able to get a loan.  People dumping houses because they made a bad decision.  The average house now has about $13,000 in credit card debt.  Everyone and his brother has an over sized SUV.....


------------------------
Keith Smith




--- On Mon, 9/29/08, Robert Holtzman <> wrote:
From: Robert Holtzman <>
Subject: Re: OT: Emergency Buy Out
To: "Main PLUG discussion list" <>
Date: Monday, September 29, 2008, 2:09 PM

On Mon, 29 Sep 2008, Craig White wrote:

> On Mon, 2008-09-29 at 12:02 -0700, Josh Coffman wrote:
>> ..waiting for another bail out later today (probably) to see what
>> changes are made for the second attempt.
> ----
> I wouldn't be surprised to see Congress punt at this point until after
> the election because the election and politics is harming the process.


And give the market time to drop a couple of thousand more points?

--
Bob Holtzman
Your mail is being read by tight lipped
Homeland Security agents who fail to see
the humor in Doctor Strangelove
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