Did you guys notice that some of the problems with the mortgage loans didnt really start to hit until gas hit $3 a gal. Most people I know commute 60 mile to work. Most got a nice $300 a month increase in thier commuting costs.
People with regular mortgages have a hard time adjusting a $300 month increase in costs. poor people that got suckered into the adjustable rate mortgages just got taken out of the game.
They wonder why the economy is down. Why arnt people spending money. They ARE! all of it. just not on comsumables. its on Mortgages and gas.
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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