Monday, June 30, 2008

2 million

I heard on NBC nightly news last night that 2 million people are expected to 'fall behind on their mortgage payments' next year. I guess that's the new euphemism for being foreclosed on. Add that to the one million + who are going to have lost their houses over this year, and that's 3 million people. Ok, that's probably a low ball estimate but even if its accurate, 3 million is 1% of the population of this country! That's a recipe for disaster.Or rebellion.



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