Are high gasoline prices,now going to cause foreclosures?
Question:
Answer:
No, but it causes me to laugh.
Because when I pay high prices for gas, it also costs the little commie democrats to pay more too.
And they caused it, by not allowing us to drill for oil.
Cool!!
Just let the Democrats pay for gas, and then just use one square of toilet paper.
Ho. Ho. Hee. Hee.
Lets hope so. Its only going to get better for the little guy.
Oh yeah I can't wait until all the middle class family of fours get thrown on the street and I can buy their home for a bargain at a foreclosure auction.
I love the predatory sub-prime mortgage business!
They might could cause foreclosures, but not very likely.
Sure gas is more expensive now, but it's not so expensive that people cannot pay their mortgage payments.
The housing market is already slow, so the deals are already out there, regardless of gas prices.
And yeah, it's the sub-prime lenders that are to blame. They stick people in loans that look good on the surface, but every year they climb (adjustable rate mortgage) and eventually people cannot afford to pay and end up in foreclosure.
we are heading for another depression and I would bet the American people are not perpared , which is just sad .
When Iran gets nukes they will be the big boy of OPEC too. They will inflate gas prices because it costs them $20 to produce 1 barrel of crude. Kuwait, Saudi Arabia, and the UAE only spend $2 per barrel. This is why oil prices aren't $10 a gallon now. A nuclear Iran is OPEC's worst nightmare and will present a clear and present danger to all countries throughout the middle east and beyond.
I have energy stock so let the price rise
More Related Questions & Answers...