START OF ANOTHER LEG UP?

Pulling my leg maybe.....

What happens to the State budgets already crippled when they look for PROPERTY TAX RECEIPTS and it wont be coming from those foreclosed homes?

ALL those people that got rocket shot 3 year phased in valuations on their homes back in 2006-2007......will any of those homeowners FIGHT their tax asessments next time?

THIS DOG STILL HAS FLEAS

from KD site:


"May 3 (Bloomberg) -- The European Central Bank joined the international rescue of Greece, saying it would indefinitely accept the country’s debt as collateral regardless of its country’s credit rating, underpinning gains in the bond market. (see below)

For the uninitiated this means that the ECB will accept DEFAULTED Greek debt instruments, should it come to that.

More bluntly, if Papandreou's dog drops a deuce in a box and he presents it to the ECB claiming that it's worth $10 billion, the ECB will in fact issue $10 billion in real, honest-to-God Euros against that box - no matter how badly it smells."

2nd half of this year not going to be as kind me thinks....

Duratek