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Old 09-27-2008, 03:24 PM
rattus58 rattus58 is offline
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Join Date: Apr 2003
Location: Hawaii
Posts: 487
Hi Fabs....

You know you actually nailed the problem very clearly. Companies buying debt that holds as equity... more debt, and to think... Bush's no child left behind came too late.

I had to take economics curses in order to receive the designations I hold... and even a dolt such as I grasped a little of free market... and I had to come up with 20% if I wanted a mortgage in 1973-1975 when I built my house.

Aloha...
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