Wednesday, November 12, 2008

Chronicles Of Depression 2.0: #391: Underwater

New Homeowner Bailouts Won't Work Either
Add up all the bailouts offered thus far and they cover about 1 million households (handy list below). About 7.6 million households are currently underwater and another 2.1 million soon will be. So that's about 1 million households helped out of the 10 million soon to be in need (with millions more to follow). That's about all you need to know.

Shit!

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