I still think the $4.00 plus gasoline is what got the ball rolling. Many were living day to day on small incomes with mortgages. Their cost went up with fuel and food, making it hard for them to make ends meet.
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Originally Posted by 2_Dang_Fast
Yes, thank god that no one here borrowed against their house to purchase their Cobra, put in a pool, gold plate the crapper, etc. It was those that borrowed thinking the equity in their homes would feed a never ending party that got us into this FINANCIAL mess. There is also a over looked little nut called the Iraq war that is sending our deficit spiraling upward. But I guess if you or a loved one works for a defense contractor then all is cool. That is the circle of life... money wise.
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