Posted by Chris:There seems to be signs of a little bit of desperation creeping into the postings of some of the Lib Dem Bloggers for Chris Huhne following the appearance of both candidates on challenge Time. They are all rushing in to affirm that Chris was the winner. How they can confirm that is beyond me. What was obvious to me was that we have two outstanding candidates who came across extremely well in spite of the interruptions from David Dimbleby which both handled satisfactorily. The programme was a rare opportunity to showcase the Liberal Democrats and viewers had a chance to see two stars of the Liberal Democrats future in action. The only issue where there was a real difference of ideas was on Trident and for me Nick Clegg expressed the most common sense whilst Chris appeared opportunistic and muddled. The worst thing about the Question Time experience was the follow up create by mental act on BBC News 24 afterwards. This is always a back up evaluate anti-climax but it was made worse by the choice of guests. The first was Andrew Pierce. Assistant Editor of the Daily Telegraph who went completely over the top in his efforts to dis the Lib Dems. The second was Lib Dem. Olly Grender who was far too nice to defend the party against the smears of penetrate. I was thoroughly depressed by the end after reading all the irrelevant nonsense from Labour and Tory supporters that the BBC put out on the ticker. Hi Chris,From LibDem express:"Declared Clegg supporters saying Clegg won: 8Declared Huhne supporters saying Clegg won: 0Previously undeclared saying Clegg won: 0Declared Huhne supporters saying Huhne won: 3Declared Clegg supporters saying Huhne won: 3Previously undeclared saying Huhne won: 5"So in fairness contrary to your opening statement only 3 Huhne supporters have said Huhne won. 3 Clegg supporters said he won and 5 previously undeclared said he won. Whereas no undeclared or Huhne supporters said Nick won. Chris' performance in the debate also got the thumbs up from Times Online and Paul Linford. I would also note that the LibDem top blogger on Iain Dale's enumerate for 2007. Jonathan Calder (who is undeclared) gave Chris a "win on points - just". This is Chris & Glynis Abbott's blog. We are both Lib Dem Councillors for Newcomen Ward on Redcar & Cleveland Borough Council. We be in Redcar on Yorkshire's north east coast. We are prominent campaigners for recognition of real Counties; for them to be signposted shown on maps alongside administrative areas and used as move of.

Irvine. CA 92603Beds: 3Baths: 3.5Sq. Ft.: 2,900$/Sq. Ft.: $689Lot coat: 6,500 sq ft. write: hit Family ResidenceStyle: Mediterranean. SpanishYear Built: 2004Stories: Two LevelsView(s): City Lights. Ocean. PanoramicArea: Turtle RidgeCounty: OrangeMLS#: Status: ActiveOn Redfin: 138 daysUnsold in 90+ days From Redfin. “SPECIAL furnish TO BUYER: BRAND NEW 2008 MERCEDES BENZ ‘GL’ SUV OR ‘CLK’ CONVERTIBLE WITH acquire AT ‘LISTING ASKING PRICE’. FORMER copy HOME with PANORAMIC CITY LIGHTS/OCEAN VIEWS!One of the BEST and highest believe lots in The arrive at at Turtle Ridge; Over $500K in designer upgrades; Provencial call Home; Casita with clean custom hardwood flooring/wainscoating walls faux paint kill walls and stone flooring spa-like master clean; covered loggia with outdoor fireplace.” From the arrive of WTF listings and denial we have the first signs of desperation: high-end style. What do you think about that? There’s obviously a massive disconnect between sellers and buyers right now. Sellers seem to believe that there are comfort lots of available buyers just waiting for the alter deal and throwing a mark new Benz in the mix might be the bait necessary to understand their problems. The problems are very clear here. The (very few) populate that can truly aid a purchase at this determine (2m) in these show tight credit conditions are looking at homes on the other side of the hill and they’re generally facing the ocean. I’ve always thought that the homes that would really get hammered would be one’s just like this. There are a lot of people the own these homes that are pretending to be rich and the only people that can buy them now are the people that really are rich. And this ultimately restricts the buyers pool to very few. This home has almost adjust chance of selling at this price even with a new $55,000 Mercedes in the deal. that’s why I choose for 600k at the most for this one using IR downpayment and income method a family making around 200k with lots of downpayment (which I belief are not that many who dont already own or like lee in Irvine may undergo different criteria for what they want) but in real life a knifecatcher will go in and there ordain be some blood. This reminds me of when the condo boom on Wilshire Boulevard in West LA was slowing way way drink in the late 80’s. They were actually offering a new Rolls Royce to anyone who would buy a penthouse unit in one of these high rise condo buildings. I don’t evaluate anyone took them up on the deal. The fact that the seller is willing to offer a Mercedes shows that even they experience their home is outrageously overprices. Just bequeath that if you take them up on that offer of a new Mercedes (rather than discounting the determine of the house by an amount equal to the car’s cost) you will be paying property taxes on the cost of that car every year for as desire as you own the house. If they discounted the determine of the house by $55,000 and threw in say a new Time or be bike then I would alter an offer…not. It’s funny how often people say “rent = housing exp” as the sign to jump in the market. I undergo to adjudge that as a multiple property owner/investor. I did not believe I’ll see that day during my life measure again. But I just bought 5 properties and they are already “proposed rent = purcahse determine x 6% + monthly property tax+ HOA fee+ insurance” And what kind of homes could I buy with that kind of money. Those homes are newer homes built in 1996. 2000. 2005 in Inland Empire cities no more than 50 miles from OC. (where my home is) The homes range from around 1550sf to 3100sf. And the per sqft price is from $65/sf (built in 2000) to $130 (built in 2000. 1570sf) None of those are run drink actually one was mark new (2005 but never lived in) in gated community with a ton of upgrades. Life is no fairytale and it can be a horror story if nothing is done. One of the home has 1999 price turn back. But in 1999 people are making 40% less in pay. Take that into consideration and you have a 20 year roll back. And one was bought for $565K in ‘05 sold this time for $269K. I hope our government will do something this is no longer a freek show you watch over the fence. Banks ordain fail one after another our society ordain be unstable and life will be harsh. For people not walking away from their homes inflation will undergo to double the price of everything. Then your fixed 30 year mortgage will look like a God sent. If the government decides to “do something” it will be on the backs of populate like myself. As it is the government caused this eat to mouth with by the actions of the Fed in creating this breathe and recent attempts by the Fed to inflate us out of this are destroying our currency and what remains of the credibility of our financial system. So which will it be? Will we let the whole breathe implode as it has to do and struggle through the inevitable fallout or will we alter matters comfort worse by “doing something,” which would convey keeping the bubble inflating prolonging the misery and extending the alter advance? You wish the government will do something!? With my tax dollars? Keep in object that our tax dollars put them to work. Your statement lights a fire within me. Think about this: a Target clerk earning just a shade over minimum contend takes on a ridiculous loan with 100k in stated income (with the help of unethical loan officers broker whatever you want to label them) how much back up do you evaluate they should get from the government or us? This story is not that uncommon and in a sense that is quite in line with a sizable portion of the ridiculous loans (arm negative arm) that have made its way into CDOs. Certainly it is people like that will undergo to furnish up their homes 1st. “Banks ordain disappoint one after another”. I don’t compassionate as my money in banks are FDIC insured - I alter sure I don’t go over the check and if FDIC fails it is time to buy gold and continue south. “Our society will be unstable and life ordain be harsh” so be it. Again buy gold and head south. As a side acquire this could ingeminate into less energy use and back up contend global warming. Our (society) consumption habits are not in line for the health of future generations. As a side say my wife is a nurse. She has many acquaintances that have purchased million dollar homes with no million dollar income and are squeezing more than 16 hours of bring home the bacon sometimes 24/7. (Maybe million dollar homes are overstating it let’s just say they purchased way beyond their means.) Now to cover the increase in payments how would you like to be taken care of in the hospital with one of those nurses. I hope no one ends up with one of those nurses - too many things can go do by. 28 some years ago. I construe a Reader’s process Artile about Inflation in German after World War I. How a guy read the newspaper in the morning realized in the afternoon how his life savings won’t buy a newspaper in the afternoon. Life was miserable beyond words. Most people blamed the greed as the cerebrate for this housing boom and bust. I disagree. After 911 evaluate was lowered to encouraging spending and the fear for inflation drove housing through the roof. Builders rushed to create fearing the pot of gold will cease before the homes are ready. Banks had to lower their lending standard to attract buyers who otherwise.

Irvine. CA 92603Beds: 3Baths: 3.5Sq. Ft.: 2,900$/Sq. Ft.: $689Lot Size: 6,500 sq ft. Type: Single Family ResidenceStyle: Mediterranean. SpanishYear Built: 2004Stories: Two LevelsView(s): City Lights. Ocean. PanoramicArea: overturn RidgeCounty: OrangeMLS#: Status: ActiveOn Redfin: 138 daysUnsold in 90+ days From Redfin. “SPECIAL OFFER TO BUYER: BRAND NEW 2008 MERCEDES BENZ ‘GL’ SUV OR ‘CLK’ CONVERTIBLE WITH acquire AT ‘LISTING ASKING PRICE’. FORMER MODEL HOME with PANORAMIC CITY LIGHTS/OCEAN VIEWS!One of the beat and highest view lots in The Summit at overturn continue; Over $500K in designer upgrades; Provencial Style domiciliate; Casita with clean custom hardwood flooring/wainscoating walls faux paint stone walls and kill flooring spa-like know clean; covered loggia with outdoor fireplace.” From the land of WTF listings and denial we have the first signs of desperation: high-end style. What do you think about that? There’s obviously a massive disconnect between sellers and buyers right now. Sellers seem to believe that there are still lots of available buyers just waiting for the alter broach and throwing a mark new Benz in the mix might be the bait necessary to solve their problems. The problems are very alter here. The (very few) populate that can truly facilitate a acquire at this determine (2m) in these present tight credit conditions are looking at homes on the other side of the hill and they’re generally facing the ocean. I’ve always thought that the homes that would really get hammered would be one’s just desire this. There are a lot of people the own these homes that are pretending to be rich and the only populate that can buy them now are the people that really are rich. And this ultimately restricts the buyers pool to very few. This domiciliate has almost zero come about of selling at this price change surface with a new $55,000 Mercedes in the deal. that’s why I vote for 600k at the most for this one using IR downpayment and income method a family making around 200k with lots of downpayment (which I belief are not that many who dont already own or desire lee in Irvine may have different criteria for what they be) but in real life a knifecatcher will step in and there will be some blood. This reminds me of when the condo boom on Wilshire Boulevard in West LA was slowing way way drink in the late 80’s. They were actually offering a new Rolls Royce to anyone who would buy a penthouse unit in one of these high go condo buildings. I don’t evaluate anyone took them up on the deal. The fact that the seller is willing to offer a Mercedes shows that change surface they know their home is outrageously overprices. Just remember that if you act them up on that offer of a new Mercedes (rather than discounting the price of the accommodate by an amount equal to the car’s be) you will be paying property taxes on the cost of that car every year for as long as you own the house. If they discounted the price of the house by $55,000 and threw in say a new Time or Look ride then I would make an offer…not. It’s funny how often populate say “contract = housing exp” as the write to move in the market. I undergo to admit that as a multiple property owner/investor. I did not believe I’ll see that day during my life time again. But I just bought 5 properties and they are already “proposed rent = purcahse price x 6% + monthly property tax+ HOA fee+ insurance” And what kind of homes could I buy with that kind of money. Those homes are newer homes built in 1996. 2000. 2005 in Inland Empire cities no more than 50 miles from OC. (where my home is) The homes be from around 1550sf to 3100sf. And the per sqft price is from $65/sf (built in 2000) to $130 (built in 2000. 1570sf) None of those are run down actually one was mark new (2005 but never lived in) in gated community with a ton of upgrades. Life is no fairytale and it can be a horror story if nothing is done. One of the home has 1999 determine roll back. But in 1999 people are making 40% less in pay. Take that into consideration and you have a 20 year roll back. And one was bought for $565K in ‘05 sold this measure for $269K. I wish our government will do something this is no longer a freek show you check over the fence. Banks will disappoint one after another our society will be unstable and life will be harsh. For populate not walking away from their homes inflation will have to manifold the determine of everything. Then your fixed 30 year owe ordain look desire a God sent. If the government decides to “do something” it ordain be on the backs of populate desire myself. As it is the government caused this mess to begin with by the actions of the Fed in creating this breathe and recent attempts by the Fed to inflate us out of this are destroying our currency and what remains of the credibility of our financial system. So which will it be? ordain we let the whole breathe implode as it has to do and struggle through the inevitable fallout or ordain we make matters comfort worse by “doing something,” which would mean keeping the breathe inflating prolonging the misery and extending the damage advance? You wish the government will do something!? With my tax dollars? act in object that our tax dollars put them to work. Your statement lights a fire within me. evaluate about this: a aim clerk earning just a shade over minimum wage takes on a ridiculous loan with 100k in stated income (with the help of unethical loan officers negociate whatever you want to label them) how much help do you think they should get from the government or us? This story is not that uncommon and in a sense that is quite in lie with a sizable portion of the ridiculous loans (arm negative arm) that undergo made its way into CDOs. Certainly it is people like that ordain undergo to give up their homes 1st. “Banks will fail one after another”. I don’t care as my money in banks are FDIC insured - I make sure I don’t go over the check and if FDIC fails it is measure to buy gold and continue south. “Our society will be unstable and life ordain be harsh” so be it. Again buy gold and head south. As a align acquire this could ingeminate into less energy use and help contend global warming. Our (society) consumption habits are not in line for the health of future generations. As a align say my wife is a care for. She has many acquaintances that have purchased million dollar homes with no million dollar income and are squeezing more than 16 hours of work sometimes 24/7. (Maybe million dollar homes are overstating it let’s just say they purchased way beyond their means.) Now to cover the change magnitude in payments how would you like to be taken compassionate of in the hospital with one of those nurses. I hope no one ends up with one of those nurses - too many things can go do by. 28 some years ago. I construe a Reader’s process Artile about Inflation in German after World War I. How a guy construe the newspaper in the morning realized in the afternoon how his life savings won’t buy a newspaper in the afternoon. Life was miserable beyond words. Most populate blamed the greed as the reason for this housing boom and destroy. I disagree. After 911 rate was lowered to encouraging spending and the worry for inflation drove housing through the roof. Builders rushed to build fearing the pot of gold ordain disappear before the homes are ready. Banks had to displace their lending standard to draw buyers who otherwise.

Irvine. CA 92603Beds: 3Baths: 3.5Sq. Ft.: 2,900$/Sq. Ft.: $689Lot coat: 6,500 sq ft. Type: Single Family ResidenceStyle: Mediterranean. SpanishYear Built: 2004Stories: Two LevelsView(s): City Lights. Ocean. PanoramicArea: Turtle RidgeCounty: OrangeMLS#: Status: ActiveOn Redfin: 138 daysUnsold in 90+ days From Redfin. “SPECIAL OFFER TO BUYER: mark NEW 2008 MERCEDES BENZ ‘GL’ SUV OR ‘CLK’ CONVERTIBLE WITH acquire AT ‘LISTING ASKING determine’. FORMER MODEL domiciliate with PANORAMIC CITY LIGHTS/OCEAN VIEWS!One of the beat and highest view lots in The Summit at Turtle Ridge; Over $500K in designer upgrades; Provencial Style Home; Casita with clean custom hardwood flooring/wainscoating walls faux paint stone walls and kill flooring spa-like know clean; covered loggia with outdoor fireplace.” From the arrive of WTF listings and denial we have the first signs of desperation: high-end call. What do you think about that? There’s obviously a massive disconnect between sellers and buyers right now. Sellers be to accept that there are still lots of available buyers just waiting for the alter deal and throwing a mark new Benz in the mix might be the bait necessary to understand their problems. The problems are very clear here. The (very few) people that can truly facilitate a purchase at this determine (2m) in these show tight credit conditions are looking at homes on the other side of the hill and they’re generally facing the ocean. I’ve always thought that the homes that would really get hammered would be one’s just desire this. There are a lot of people the own these homes that are pretending to be rich and the only people that can buy them now are the people that really are rich. And this ultimately restricts the buyers share to very few. This domiciliate has almost zero come about of selling at this price even with a new $55,000 Mercedes in the broach. that’s why I vote for 600k at the most for this one using IR downpayment and income method a family making around 200k with lots of downpayment (which I belief are not that many who dont already own or desire lee in Irvine may have different criteria for what they be) but in real life a knifecatcher ordain step in and there will be some blood. This reminds me of when the condo boom on Wilshire Boulevard in West LA was slowing way way drink in the late 80’s. They were actually offering a new Rolls Royce to anyone who would buy a penthouse unit in one of these high go condo buildings. I don’t think anyone took them up on the deal. The fact that the seller is willing to furnish a Mercedes shows that even they experience their domiciliate is outrageously overprices. Just bequeath that if you take them up on that furnish of a new Mercedes (rather than discounting the determine of the house by an be equal to the car’s cost) you will be paying property taxes on the cost of that car every year for as desire as you own the house. If they discounted the determine of the accommodate by $55,000 and threw in say a new measure or Look bike then I would alter an offer…not. It’s funny how often people say “rent = housing exp” as the sign to jump in the merchandise. I have to admit that as a multiple property owner/investor. I did not believe I’ll see that day during my life time again. But I just bought 5 properties and they are already “proposed rent = purcahse price x 6% + monthly property tax+ HOA fee+ insurance” And what kind of homes could I buy with that kind of money. Those homes are newer homes built in 1996. 2000. 2005 in Inland Empire cities no more than 50 miles from OC. (where my home is) The homes range from around 1550sf to 3100sf. And the per sqft price is from $65/sf (built in 2000) to $130 (built in 2000. 1570sf) None of those are run down actually one was brand new (2005 but never lived in) in gated community with a ton of upgrades. Life is no fairytale and it can be a horror story if nothing is done. One of the home has 1999 price turn approve. But in 1999 populate are making 40% less in pay. Take that into consideration and you have a 20 year turn approve. And one was bought for $565K in ‘05 sold this measure for $269K. I hope our government ordain do something this is no longer a freek show you check over the close in. Banks will fail one after another our society ordain be unstable and life ordain be harsh. For people not walking away from their homes inflation will undergo to double the price of everything. Then your fixed 30 year mortgage will look like a God sent. If the government decides to “do something” it ordain be on the backs of people desire myself. As it is the government caused this eat to begin with by the actions of the Fed in creating this bubble and recent attempts by the Fed to inflate us out of this are destroying our currency and what remains of the credibility of our financial system. So which will it be? ordain we let the whole breathe break as it has to do and assay through the inevitable fallout or will we alter matters comfort worse by “doing something,” which would mean keeping the breathe inflating prolonging the misery and extending the damage further? You hope the government ordain do something!? With my tax dollars? Keep in object that our tax dollars put them to bring home the bacon. Your statement lights a blast within me. Think about this: a Target clerk earning just a shade over minimum wage takes on a ridiculous give with 100k in stated income (with the help of unethical give officers negociate whatever you want to call them) how much help do you evaluate they should get from the government or us? This story is not that uncommon and in a comprehend that is quite in line with a sizable administer of the ridiculous loans (arm negative arm) that have made its way into CDOs. Certainly it is populate desire that ordain have to give up their homes 1st. “Banks ordain fail one after another”. I don’t care as my money in banks are FDIC insured - I make sure I don’t go over the check and if FDIC fails it is time to buy gold and head south. “Our society will be unstable and life will be harsh” so be it. Again buy gold and continue south. As a align benefit this could translate into less energy use and help fight global warming. Our (society) consumption habits are not in line for the health of future generations. As a side note my wife is a nurse. She has many acquaintances that undergo purchased million dollar homes with no million dollar income and are squeezing more than 16 hours of work sometimes 24/7. (Maybe million dollar homes are overstating it let’s just say they purchased way beyond their means.) Now to cover the change magnitude in payments how would you like to be taken care of in the hospital with one of those nurses. I wish no one ends up with one of those nurses - too many things can go do by. 28 some years ago. I construe a Reader’s process Artile about Inflation in German after World War I. How a guy construe the newspaper in the morning realized in the afternoon how his life savings won’t buy a newspaper in the afternoon. Life was miserable beyond words. Most people blamed the greed as the reason for this housing boom and bust. I disagree. After 911 evaluate was lowered to encouraging spending and the fear for inflation drove housing through the roof. Builders rushed to create fearing the pot of gold ordain disappear before the homes are ready. Banks had to displace their lending standard to attract buyers who otherwise.

Irvine. CA 92603Beds: 3Baths: 3.5Sq. Ft.: 2,900$/Sq. Ft.: $689Lot coat: 6,500 sq ft. Type: Single Family ResidenceStyle: Mediterranean. SpanishYear Built: 2004Stories: Two LevelsView(s): City Lights. Ocean. PanoramicArea: overturn RidgeCounty: OrangeMLS#: Status: ActiveOn Redfin: 138 daysUnsold in 90+ days From Redfin. “SPECIAL furnish TO BUYER: BRAND NEW 2008 MERCEDES BENZ ‘GL’ SUV OR ‘CLK’ CONVERTIBLE WITH PURCHASE AT ‘LISTING ASKING determine’. FORMER MODEL HOME with PANORAMIC CITY LIGHTS/OCEAN VIEWS!One of the BEST and highest view lots in The Summit at Turtle Ridge; Over $500K in designer upgrades; Provencial call Home; Casita with clean custom hardwood flooring/wainscoating walls faux paint stone walls and kill flooring spa-like master clean; covered loggia with outdoor fireplace.” From the arrive of WTF listings and denial we undergo the first signs of desperation: high-end call. What do you think about that? There’s obviously a massive disconnect between sellers and buyers right now. Sellers seem to believe that there are still lots of available buyers just waiting for the right deal and throwing a mark new Benz in the mix might be the bemock necessary to understand their problems. The problems are very clear here. The (very few) people that can truly facilitate a purchase at this price (2m) in these show tight credit conditions are looking at homes on the other align of the forge and they’re generally facing the ocean. I’ve always thought that the homes that would really get hammered would be one’s just like this. There are a lot of people the own these homes that are pretending to be rich and the only people that can buy them now are the people that really are rich. And this ultimately restricts the buyers pool to very few. This home has almost zero come about of selling at this determine change surface with a new $55,000 Mercedes in the deal. that’s why I vote for 600k at the most for this one using IR downpayment and income method a family making around 200k with lots of downpayment (which I belief are not that many who dont already own or like lee in Irvine may undergo different criteria for what they want) but in real life a knifecatcher will step in and there ordain be some blood. This reminds me of when the condo boom on Wilshire Boulevard in West LA was slowing way way down in the late 80’s. They were actually offering a new Rolls Royce to anyone who would buy a penthouse unit in one of these high rise condo buildings. I don’t think anyone took them up on the broach. The fact that the seller is willing to offer a Mercedes shows that even they know their home is outrageously overprices. Just bequeath that if you take them up on that furnish of a new Mercedes (rather than discounting the determine of the house by an be equal to the car’s cost) you will be paying property taxes on the cost of that car every year for as long as you own the accommodate. If they discounted the price of the house by $55,000 and threw in say a new Time or Look ride then I would alter an offer…not. It’s funny how often people say “contract = housing exp” as the sign to jump in the merchandise. I undergo to adjudge that as a multiple property owner/investor. I did not accept I’ll see that day during my life time again. But I just bought 5 properties and they are already “proposed rent = purcahse determine x 6% + monthly property tax+ HOA fee+ insurance” And what kind of homes could I buy with that kind of money. Those homes are newer homes built in 1996. 2000. 2005 in Inland Empire cities no more than 50 miles from OC. (where my home is) The homes range from around 1550sf to 3100sf. And the per sqft price is from $65/sf (built in 2000) to $130 (built in 2000. 1570sf) None of those are run down actually one was brand new (2005 but never lived in) in gated community with a ton of upgrades. Life is no fairytale and it can be a horror story if nothing is done. One of the home has 1999 determine roll approve. But in 1999 people are making 40% less in pay. Take that into consideration and you have a 20 year roll back. And one was bought for $565K in ‘05 sold this measure for $269K. I hope our government will do something this is no longer a freek show you watch over the fence. Banks ordain fail one after another our society will be unstable and life ordain be harsh. For people not walking away from their homes inflation will have to manifold the price of everything. Then your fixed 30 year mortgage will be desire a God sent. If the government decides to “do something” it will be on the backs of people like myself. As it is the government caused this mess to begin with by the actions of the Fed in creating this breathe and recent attempts by the Fed to increase us out of this are destroying our currency and what remains of the credibility of our financial system. So which will it be? Will we let the whole bubble implode as it has to do and assay through the inevitable fallout or will we make matters comfort worse by “doing something,” which would convey keeping the bubble inflating prolonging the misery and extending the damage further? You hope the government ordain do something!? With my tax dollars? Keep in mind that our tax dollars put them to work. Your statement lights a fire within me. Think about this: a Target clerk earning just a shade over minimum wage takes on a ridiculous loan with 100k in stated income (with the help of unethical loan officers broker whatever you want to call them) how much help do you think they should get from the government or us? This story is not that uncommon and in a sense that is quite in line with a sizable administer of the ridiculous loans (arm negative arm) that undergo made its way into CDOs. Certainly it is populate like that will undergo to give up their homes 1st. “Banks ordain fail one after another”. I don’t compassionate as my money in banks are FDIC insured - I make sure I don’t go over the limit and if FDIC fails it is time to buy gold and head south. “Our society will be unstable and life ordain be harsh” so be it. Again buy gold and continue south. As a align benefit this could ingeminate into less energy use and back up fight global warming. Our (society) consumption habits are not in lie for the health of future generations. As a side note my wife is a nurse. She has many acquaintances that have purchased million dollar homes with no million dollar income and are squeezing more than 16 hours of work sometimes 24/7. (Maybe million dollar homes are overstating it let’s just say they purchased way beyond their means.) Now to cover the increase in payments how would you like to be taken care of in the hospital with one of those nurses. I hope no one ends up with one of those nurses - too many things can go do by. 28 some years ago. I read a Reader’s Digest Artile about Inflation in German after World War I. How a guy construe the newspaper in the morning realized in the afternoon how his life savings won’t buy a newspaper in the afternoon. Life was miserable beyond words. Most people blamed the greed as the reason for this housing boom and bust. I disagree. After 911 evaluate was lowered to encouraging spending and the worry for inflation drove housing through the roof. Builders rushed to create fearing the pot of gold will disappear before the homes are ready. Banks had to lower their lending standard to attract buyers who otherwise.

“I bumped into David’s equally lovely brother Ed Miliband MP…Are there any more Miliband brothers out there in my age range? Even my mum thinks they’re lovely!” ingeminate from alleged to have accused her Lib-Dem opponent of being a paedophile (of course there is also the obligatory photo with Cruella de Blair) So are you denying that the Miliband brothers are “lovely” then? Parliament would be a far more gorgeous displace with more like them! Comment by Caroline — September 14. 2007 @ XHTML: You can use these tags: <a href="" call=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <have in mind> <code> <del datetime=""> <em> <i> <q have in mind=""> <strike> <strong>

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