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Posts Tagged ‘the cause of all bad things’

THE CAUSE OF ALL BAD THINGS

Meanwhile, House Prices Down 16.3%

Tuesday, September 30th, 2008

The Money Pit.Thanks to evil poor people who were kindly given expensive mortgages they couldn’t afford, U.S. home prices continue to plunge, and that means the financial apocalypse will continue, because every time another home loan defaults, another weird mortgage-based security is worth less, and there are 10,000 new foreclosures every day in the Country of Dreams. MORE »