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Posted By: Jim Dale

Well I agree that the situation is grim for many people, particularly that small percentage really losing their homes. Painting the picture as "rosie" for them is certainly out of the question; but I equate that to suggesting we're headed for a depression too. We are long ways short of the problems we had in 1979 and that was not considered a depression (20% interest rates, 10% inflation and 10% unemployment) none of which occurs today. With 95% of America's work force at work, inflation in check and interest rates at all time lows - I think we'll work things out so long as our government lets them work things out.

The government could help by stimulating our own oil production; but they won't.