jdemaris said: (quoted from post at 13:08:57 09/23/08)In regard to all this bail-out nonsense because of "homeowners with bad mortgages?" That's an oxy-moron. "Homeowners" don't have mortgages. Those with mortgages do NOT own their homes - somebody else does.
So, if you have a loan out on your car, you don't own it either?
I'm really upset by this, why do I have to carry insurance on and maintain something that someone else owns?!?!? LOL
This mess is a result of people who could NOT AFFORD a darn house to begin with by getting a slick loan that converts to a payment they can NOT AFFORD.
Shame on me for getting a normal, 30-year fixed loan with a payment I can afford. No one will bail me out, now. Should have went for that 1/2 million dollar mansion on the river, I guess...
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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