nobody should be suprised in the future when homeowners stop paying their monthly mortgage payments … why should they, they are guaranteed now by the US Taxpayer … they also will not need to worry about leaving their homes because first of all there will be so many it will become near impossible to evict and also, as has been seen in the recent past, it is impossible in some cases to even determine who the legitimate holder of the mortgage is.

Net will come the Credit Card defaults … just watch cause it is coming next.  People are just going to stop paying off debt and if they are wise they will be buying pm’s if they can find any.  You can put this is my file in the sidebar for later reference.