I told you this before......

IT IS NOT THE HOME FORECLOSURES...

THE GOVERNMENT ALREADY SPENT 10
TIMES THAT AMOUNT.....

IT IS THE COMMERCIAL PROPERTY PAPER
THAT THEY ARE SCREWED ON.....

THE INVESTORS HAVE ALL THE BANKS
MONEY TIED UP IN STRIP MALLS.....

THEY BUILT TO MANY OF THEM......

ANY DECLINE IN OUR SPENDING KILLS
THE COMMERCIAL MORTGAGES....

THESE MALLS ARE JUST CORP. FRONTS
AND THE INVESTORS JUST FOLD UP THEIR
TENTS AND DEFAULT.

THINK OF HOW MUCH BANK MONEY IS TIED
UP IN THIS BAD COMM. PAPER IN JUST
ALLEGHENY COUNTY.

THEY GET PROTECTED AND YOU GET BLAMED..

They Say:
"We know you are making you house payments but
you are not out buying things so it your fault"

I Say:
"I will buy you some plywood to board up your bad
investments"

1 Million people in Allegheny County and how many
malls?

Too much investment based on pie in the sky revenue
numbers so now you see the result....

Look at McNightmare Road and you will find that the
best investment there is "Plywood"

The banks lost on the gamble but like children they do
not want to wait for things to get better...

They want to keep their candy but cry until you pay
for it......