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IPFS News Link • Depression

Obama offers homeowners exploding mortgages

02-18-09 • John Carney

The people whose mortgages the gov't will bailout this year will be saved ... until their mortgages reset in 5 years. This only delays the inevitable mass defaults/foreclosures (until after the 2012 elections -- coincidence?). Notice the plan

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Reported By Lloyd Gaarder

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Obama offers homeowners exploding mortgages

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