View Single Post
Old 02-11-2010, 11:20 AM   #1069
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by piercehawkeye45 View Post
Yes, I agree completely. I read an article that said the only way our budget problem will be solved is from a "youth revolution". Our budget problem will not be solved anytime soon.
I think we are just going to have to accept some really painful choices. But right now the Dems are not willing to spread that pain around and until they do the problems will persist and the real pain is only being delayed for a future date. There has been a lot of talk in the last week about a new real estate crisis, 1) a huge surge in foreclosures on the personal homes, and 2) a huge surge in foreclosures in the Commercial realestate.

Apparently a good percentage of those who got their loans "fixed" with the help of the Feds are going to foreclose anyway.

Check this out:

http://www.npr.org/templates/story/s...ryId=123173050
TheMercenary is offline   Reply With Quote