News Agencies : U.S. stocks bounce as senate agrees to vote Wed. on bailout
Talkback
Title:I am not yet sold.
Name:American
City: State:
What is wrong here? In my suburbia town they were building and building even when the market had cooled.For awhile anyone could buy a home at 0 down and a subprime loan. The houses went up sharply and so did second morgages with pools and cars. Then it hit hard.People gambled on the real estate market and they lost. I have several forclosures on my street alone. Most weren`t in the home long enough. Still,business as usual on Wall Street. Then suddenly, Wall Street gets hit and we are told to free the money now and if we don`t your job, college for your kids, and maybe your life saving are in peril. We are told in a demeaning matter that this is something you may not understand, but we need it done!The fear message is played, but no new information. Can you blame us for not being sold?