You might be on to something there Old Son. But I should think it would be more "economically" powerful people. Like Oil Merchants and Bankers, from various countries.
2007-07-28 04:13:55
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answer #1
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answered by THE NEXT LEVEL 5
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huh? The market dropped because every schmuck who couldn't afford that house that his wife really, really wanted, got one of these botieque sub-prime adjustable rate mortgages with these really small initial payments. Once the fed rate started to rise and the payments ballooned and salaries hadn't, the idiots could no longer afford there mortgages or had to dip into saving or portfolios or cut back on investing. People are selling there houses or are getting forclosed on, dropping the real estate market into a tail spin.
Since people are starting to have less to invest and the middle class is disappearing (the back bone of the market), the market was bound to adjust.
I'm not saying it was Bush, but it certainly wasn't the Dems. American's have become greedy and have over extended themselves to the brink of disaster to get luxuries they couldn't afford.
2007-07-27 15:25:57
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answer #2
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answered by Runedog 3
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A new conspiracy theory? Or just a piracy theory from the Captain? This is a new one on me. But I will take it into consideration, along with Hillary being the Antichrist and Barak Obama being a relative of Osama bin Ladin.After all, we all know that everything on Yahoo Q and A is a known fact.And I say "amen" to that.
2007-07-27 15:22:43
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answer #3
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answered by Anonymous
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Who cares? The Democrats are not winning this upcoming election. They scream and scream "GIVES US CONGRESS AND WE WILL STOP THIS WAR!". They get congress and the war has not stopped, slowed, or even look close to either. They have been in power for 7 months now and nothing. They have no shot, the republicans can run anyone and beat them. By the way, GO MIKE GRAVEL!
2007-07-27 15:30:48
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answer #4
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answered by Anonymous
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I haven't figured out why if I have school work, my check book and cleaning to get done I am still on YA reading this stuff.
Can you help me understand this?
Anyone?
Have we found a nw addiction? Try that one on for a conspiracy theory..... YA has a conspiracy to keep us from doing what we need to do- the important things.....
LOL
Stop with the theory and go do something important....
2007-07-27 15:25:34
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answer #5
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answered by Too Blessed To Be Stressed! 3
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Well all i know my dad was talking about somethin less work at work because somethin happened with the stocks. He works at E*trade.
Demoncratz are dumb.
2007-07-27 15:21:51
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answer #6
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answered by Anonymous
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No. The republickens.
2007-07-27 15:18:10
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answer #7
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answered by Anonymous
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Your so silly!!!!!
2007-07-27 17:11:22
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answer #8
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answered by kim t 7
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