Predicting the Future?

I am keeping my fingers crossed! Thanks and best wishes!

ethanol is made from a certain part of the grain but the edible part of the grain is still used as feed for livestock. Also northern states are also cold during winter like Iowa, Nebraska, the Dakotas, Mennesota, Michigan, etc. As for our banks in wasn't just ethnic and race that caused the problem. Banks were greedy and lets face it they had the same reasoning that most businesses do, they assume that if you dont make your payment they will repossess (foreclose) and just resell the property. Even the banks didn't forsee the grand scale it turned in to. As for not being able to make the payment, well that is because some of the buyers did not understand how the payment could be affected by percentage bouncing up and down. One month your payment is $500 and the next it may be over $700. The rise in unemployment also contributed. Try paying your mortgage when you just lost your job, you didn't have mortgage insurance, and at the beginning of this mess there was no help for many who were finding themselves foreclosed on and evicted. As for banking, we do have banks who offer free checking, online banking, online bill paying, overdraft protection, etc. It is hard to pay bills in America when you are unemployed. It is hard to find work in America when our industries have moved to foreign soil for cheaper labor costs. As Americans we need to wake up and rebuild our nation, bring back our industry, put our people back to work and work on our countries problems.

I think one problem that Americans have is that they make mortgage interest tax deductible and that leads to people buying houses they cannot afford. I do think there is a race interest in this sub prime loan fiasco they had. If you are poor you cannot afford to buy a house. That is what we understood here in Canada. If you did not make a certain income, you were not qualified unless you were able to get a large down payment or work on Habitat for Humanity and in Canada, it did not matter if you were white, Native Canadian, Chinese, AFrican or what not. But in the States they turned it into a race thing, so it was assumed you could not buy a house because you were black and therefore since saying that made the banks racists, that was a bad thing so loan officers were forced to approve those blacks for housing loans and it did not matter if that black family made $40,000 a year or $5,000 a year, they had to give them the loans. Also another mistake was that people figured if they got a flexible mortgage, that they could get a house at a cheaper rate, but what happened is that one year the mortgage was 2 percent and they paid so much, but the next year, the mortgage was 5 percent and that meant they would lose their house. Best idea? SAve for a large downpayment, look for a house that is at the most 30 percent of your monthly income to pay on principal and interest, and get a fixed rate mortgage, pay biweekly rather tben monthly. And pretend that the mortgage interest is not tax deductible. Oh as for the ethanol thing, sure the animals can eat the straw, but what about the people. And thanks for the best response.