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Re: How do they afford it????


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Posted by j hikemper on December 29, 2013 at 18:49:42 from (50.102.78.126):

In Reply to: How do they afford it???? posted by samn40 on December 29, 2013 at 18:01:59:

were the hale you been ?,///this kinda progress is destroying the once stable way of life of rural America by leaps and bounds,///,you need to google BURNING DOWN THE HOUSE ,anatomy of banking debacle , circa 2009.. this is why we are in the mess we are in , Here is QUIK summary ...in the mid 90s as free trade withchina and nafta was shuttin down factories all over America ,, the grand scheme was too boost the housing boom and put these displaced factory workers into the home building industry,, how this was done around 1994 clintoon relaxed the bankin regulations,allowing banks to over loan savings reserves , if a bank loaned to people that could not afford to pay attention,,fredie mac and others ,, these banks were allowed to expand and get federal aid to buy out more stable banks so that would anchor the buyer banks debt , again the debacle would repeat itself . the real loser was those that had savings account cd's that at one time in the mid 80s paid around 10 percent interest.when these cd;s matured they could be renewed for half what they originally paid 5 percent , then 2 percent and even less today ,,, making a mockery of every stable conservative idea that once made AMERICA GReAT .eventually the house of cards collapsed ... I call such houses sh!houses, because usually sh!heads live there that should live in a apartment somewhere away from farm country and should never visit farm country ,,they are a dangerous threat to the true American way of life ..THEY have no idea how to react to a cow on the road or a combine,or how to be agood neighbor , only to blow the horn and act like a complete I diot and threaten to sue or call h s us down on your operation ...


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