“…sounds really scary. The -- doesn't scare me is the fact that foreclosures two years ago once when -- a person got foreclosed on if they bought a piece of property in Florida. -- of that dollar -- and they paid 300000 dollars for it which was probably way too much. The bank foreclosed at 300 thousands of a tried debate and bring that piece of property back to the market 300000. Now what's happening is a for a closing on the property and bringing it down the levels that people can make money -- that they can buy these properties of risk takers of the world the people that. Want to make a profit and I know that's a bad thing in Washington but. They …”
“…We just heard from CBS about foreclosures on track to hit three and a half million homeowners this year. It's outpacing itself the foreclosure rate and Mike -- in -- Miller here from. Next financial this morning we're talking about the Dow 10000 and and how. -- way things are out of -- foreclosures -- keep rising unemployment keeps rising and get the Dow is doing while what your thoughts on this foreclosure story. …”