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Remember that 1/4 percent drop in the interest rate. It was so the common folk could help the poor Oil industry with their poor profits.
Anything I gained isn't going to help with the housing crisis as they have been claiming it is going out every day to the oil companies.
Gas jumped here 20 cents in 8 days and they are talking gas at $3.50 for Christmas.
Take everything you can out of retailers stock they are going to tank. Wal-Mart cut costs now anticipating no one will have money in December. They saw what the oil companies did to them the last time they 'rasied rates' and by January expect recession desipte the 'not two quarters' bull that the Economists will talk about.
by K Robert Schmitt on Fri Nov 02, 2007 at 06:51:54 AM PDT
the last time fixed rate mortgage rates went up. Meanwhile the press was telling us it was to help all the troubled homeowners.
up is down.
by onemadson on Fri Nov 02, 2007 at 07:05:06 AM PDT
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wide narrow
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