What ever happened to the lending institutions checking to see if people could make their house pmts . -- environmental discussion

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Subject: What ever happened to the lending institutions checking to see if people could make their house pmts .

Author:
Bev
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Date Posted: 21:19:49 03/16/08 Sun
In reply to: Stephen 's message, "Come on now bev...." on 15:41:56 03/16/08 Sun

OH wait thats right they were urged to do this to pull the us out of the finanacial hole bush has us in the time after 911 . This new climate is going to really cut into our retirement as we were mainly living off interest on cds and iras we had saved. Now the interest on them is about 2 percent and the fed is speaking about dropping the prime rate further . If it gets much worse we will have to use capital in order to pay the banks to hold our money .
That was a good one about the play stations.

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Replies:

Subject Author Date

March Madness! jw 21:52:48 03/16/08 Sun

Yes it is madness. -- Bev, 01:21:03 03/17/08 Mon

If Greedspan is pessimistic about the economy, what should our attitude be? -- jw, 08:54:17 03/17/08 Mon

Greedspan is a great name for him . MOre on banks -- Bev, 11:29:47 03/17/08 Mon

Re: Greedspan is a great name for him . MOre on banks -- jw, 18:39:01 03/18/08 Tue

and the feds met today a sunday almost unheard of to cut ratess again -- Bev, 01:28:29 03/17/08 Mon

Subject	Author	Date
March Madness!	jw	21:52:48 03/16/08 Sun
Yes it is madness. -- Bev, 01:21:03 03/17/08 Mon If Greedspan is pessimistic about the economy, what should our attitude be? -- jw, 08:54:17 03/17/08 Mon Greedspan is a great name for him . MOre on banks -- Bev, 11:29:47 03/17/08 Mon Re: Greedspan is a great name for him . MOre on banks -- jw, 18:39:01 03/18/08 Tue and the feds met today a sunday almost unheard of to cut ratess again -- Bev, 01:28:29 03/17/08 Mon