Who says the subprime virus has been isolated?

Well if you thought the subprime ghost will go away quietly? Think again. It now turns out that there are unsecured alt-a bonds for borrowers with a good track record but who didn't read the finer print of what they signed. And now they cannot meet the new schedule of payments, too, even though they're trustworthy. And we know what that means. Already 2,2 million forecloses projected for 2008, and we know how projected figures have a way of ballooning in numbers. Readers of morning newspapers which report seriously on the economy have much to bite fingernails. Personal debt built on credit cards is increasing, and we also know they are subject to usurious rates of interest which can stretch out for the borrower's lifetime. We're seeing a contraction of consumerism and yes the use of motor cars for leisure driving owing to the ever rising price of motor gasoline; then there's the travel industry where jet fuel and hikes in travel fares will make vaction goers think twice about flying or going on long holidays. And then the number of unemployed keep rising. And the war in Iraq is not going away with its ever matatisising debt which mean that more and more Americans' taxes are going to pay the war profiteers & the croneys who stroke the anal hair of Herr Bush. And so the carrousel goes round and round and no one seems likely to be able to get off now. A new president hobbled with so many problems will bring a fresh perspective to the Oval Office and even a slight shift in perspective...let's us a millemetre of a turn will set us off on a new deal which will begin fighting the fungus of Herr Bush's horrible 8 years in office.