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<blockquote data-quote="HitManSE" data-source="post: 3602693" data-attributes="member: 549624">True, and thats not a bad idea. The problem is/was that the loans got out of hand. The banks shouldnt have got THAT far, hell countrywide nearly went belly up when too many defaulted. Even they had to take out a multi-billion dollar loan to stay afloat. Unfortunately what Bush is doing now is the best play, to postpone things for 5 years and hope for a smooth landing as you worded it.It just shouldnt have come to this, but the bottom line is its still going to be an issue 5yrs from now. As if our inflating currency isnt bad enough. Before you get riled about about the inflation issue, I know what you&#039;re going to point out. An inflated dollar is better for sales, etc. No argument there. The issue is with those who have $ in the bank and that $100k is only able to buy $85k worth of supplies (just an example), not everyone is investment savy &amp;amp; IMO those people are SOL.Thats like living paycheck to paycheck. Its ghey, but you&#039;re right.</blockquote>

[QUOTE="HitManSE, post: 3602693, member: 549624"] True, and thats not a bad idea. The problem is/was that the loans got out of hand. The banks shouldnt have got THAT far, hell countrywide nearly went belly up when too many defaulted. Even they had to take out a multi-billion dollar loan to stay afloat. Unfortunately what Bush is doing now is the best play, to postpone things for 5 years and hope for a smooth landing as you worded it. It just shouldnt have come to this, but the bottom line is its still going to be an issue 5yrs from now. As if our inflating currency isnt bad enough. Before you get riled about about the inflation issue, I know what you're going to point out. An inflated dollar is better for sales, etc. No argument there. The issue is with those who have $ in the bank and that $100k is only able to buy $85k worth of supplies (just an example), not everyone is investment savy & IMO those people are SOL. Thats like living paycheck to paycheck. Its ghey, but you're right. [/QUOTE]

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