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Old 01-25-2008   #10 (permalink)
aquitori
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Join Date: Jan 2004
Location: DA 408
Posts: 7,946
Seems after each president serves 2 terms the economy takes a dump. Even after the Clinton dot. bust the economy was still on shakey grounds it is the housing market that turned the economy to crap, just as the dot.com did...We just have to look locally to find were the most fore-closures are at in the US...Stockton, Tracy, Los Banos...

My neighbor in Los Banos thought he would make big time money by buying 3 houses on the same block. Of course he had to have a Benz, Motorhome, boat and brag to everyone else on the block he has this and that...where did he get his wealth? The equity of course...Where doe he live now? Back with his mother in a townhouse here in San Jose they rent. The 3 houses, boat, benz, motorhome GONE!!! He works 3 jobs, applied in my group, too bad for him I had the final say. I have to admit it couldnt have a happen to a Jerkier Guy.
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