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FLyellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:48 PM Original message |
Is this an accurate analogy of what this is about? |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:50 PM Response to Original message |
1. Except you can't refinance. You have no equity. |
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FLyellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:53 PM Response to Reply #1 |
2. OK, but just suppose I could. |
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FLyellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:54 PM Response to Reply #2 |
3. I guess not being able to refinance would be the same as Default. Right? |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:32 PM Response to Reply #3 |
8. That'd be a legitimate reason to default |
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Skink (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:01 PM Response to Original message |
4. Job cuts will become more severe and then your credit worthiness disapears. |
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Angry Dragon (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:02 PM Response to Original message |
5. What everyone in DC is forgetting is that they have cut off |
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dgibby (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:08 PM Response to Original message |
6. More like this: |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:31 PM Response to Reply #6 |
7. Yeah that's it |
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dgibby (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:43 PM Response to Reply #7 |
9. Shock Doctrine has come to the USA with a vengeance. |
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newportdadde (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:45 PM Response to Original message |
10. Not bad but instead of losing your job you basically quit it (tax cuts for wealthy). |
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FLyellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 04:03 PM Response to Reply #10 |
11. YES! Should have thought of that. Thanks. |
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