Quote:
Originally Posted by Wizzo
I agree the middle is shrinking some, but there's still a vast majority of the middle class that didn't over extend themselves with a sub-prime mortgage... Not to mention the govt is bailing a bunch of the dumbasses out...
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Yea, but there are restrictions... if you were subprime you would have had to purchase within the next 2 yrs and that's only if you are scheduled to reset between 2008-2010. I saw that on CNN earlierInvestors, speculators won't be bailed out
http://money.cnn.com/2007/12/05/real...ion=2007120603