We've only got 6% unemployement, the bulk of the foreclosures are due to 
balloon payments.

************************************************************************
On Wednesday, November 5th, Vote for Barack Obama

Right Wing Mike
http://www.cafepress.com/rightwingmike


--- On Thu, 10/9/08, Pete Theisen <[EMAIL PROTECTED]> wrote:

> From: Pete Theisen <[EMAIL PROTECTED]>
> Subject: Re: [OT] How low will it go? Dow down another 500 points
> To: "ProFox Email List" <[email protected]>
> Date: Thursday, October 9, 2008, 3:53 PM
> Michael Madigan wrote:
> > I'd like to personally thank all the deadbeats who
> defaulted on their mortgages.  
> > 
> > http://finance.yahoo.com/q?s=%5EDJI
> 
> Hi Michael!
> 
> Are you positively, absolutely sure that they all had any
> choice, or 
> even that any of them had a choice? If every job within
> commuting 
> distance of a house gets outsourced to India or China, that
> mortgage 
> *will* default.
> -- 
> Regards,
> 
> Pete
> http://pete-theisen.com/
> 
> 
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