It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
This latest bailout proposal package gives everyone and not just first time home buyers a $15,000 tax credit if they pruchase a home.
23“Therefore, the kingdom of heaven is like a king who wanted to settle accounts with his servants. 24As he began the settlement, a man who owed him ten thousand talents was brought to him. 25Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt. 26“The servant fell on his knees before him. ‘Be patient with me,’ he begged, ‘and I will pay back everything.’ 27The servant’s master took pity on him, canceled the debt and let him go. 28“But when that servant went out, he found one of his fellow servants who owed him a hundred denarii. He grabbed him and began to choke him. ‘Pay back what you owe me!’ he demanded. 29“His fellow servant fell to his knees and begged him, ‘Be patient with me, and I will pay you back.’ 30“But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt. 31When the other servants saw what had happened, they were greatly distressed and went and told their master everything that had happened. 32“Then the master called the servant in. ‘You wicked servant,’ he said, ‘I canceled all that debt of yours because you begged me to. 33Shouldn’t you have had mercy on your fellow servant just as I had on you?’ 34In anger his master turned him over to the jailers to be tortured, until he should pay back all he owed. 35“This is how my heavenly Father will treat each of you unless you forgive your brother from your heart.”
The housing crisis is an accounting problem IMO. Is a small one bedroom house in California really worth 250,000 dollars? As a matter of fact our whole problem is an accounting fiasco.
Originally posted by jam321
reply to post by ProfEmeritus
The housing crisis is an accounting problem IMO. Is a small one bedroom house in California really worth 250,000 dollars? As a matter of fact our whole problem is an accounting fiasco. Everything is based on estimates and can be manipulated to reach any goal desired. Even our own government plays around with the numbers. Do you truly believe we are only 11 trillion in debt?