No one said the issue is all about mortgages. If you had bothered to actually read the Wikipedia link I posted, you would have seen that the article points to several causes, with an underlying cause of "moral hazard", which I agree seems to be the underlying problem in what ails America generally.
On Sat, Feb 21, 2009 at 1:02 PM, Gruss wrote: > > > And, frankly the reason I care that you understand this is not just > about mortgages is because you're going to need to understand that if > you're going to make the right decisions going forward - especially > with your wife in RE biz. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:289496 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
