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Responses To: "A few common sense questions to ask"


Subject: "A few common sense questions to ask" created on 09/30/08 by guest
I was wondering why there isn’t much statistics on why houses are foreclosing. I would expect a list of categories of why the foreclosure occurred and what the percentages that have occurred. If the highest percentage tends to be lack of jobs, then a plan to fix the root cause should be in place and addressing it. If national security is of such importance, how is foreign ownership and its expansion of our core assets allow to expand. Should not the U.S. corporations being buying our competitors instead of the other way around. Shouldn’t the trade surplus be a surplus instead of a deficit. As far as I can remember, the monthly value has never been positive since 1992 when I kept track of it. If the money has gone abroad instead or remained here, how would this country ever contend to remain economically strong and growing. And finally, why apply a $700 billion dollar band-aid to the economy knowing fair well that the economy will continue to weaken, the U.S. Treasury will continue to create more paper devaluing the dollar only to pass the problem to the next administration. If we don’t have statistics on how many bad loans or bundled mortgages are in the red and knowing very well that the mortgage companies and banks know exactly what the impact to their businesses are, how can anyone in their right mind throw money at a problem that is not fully understood and expressed to the citizens who will be burdened by this and previous actions for generations to come. It is time to seriously accept the consequences of poor judgment and brace for economical reconstruction before letting foreign ownership grow any further to where our rights under a burdened government cease to exist.

In the end, the price to be paid will be our freedom,

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