Yes Mr Volker @Hisah was gonna be my next referance

PS: The continued crisis abroad should gaurantee us lower oil & commodity prices going-foward which will boost our domestic economy (another man's meat is anothers poison - Capitalism 1o1)

I think it would be simplistic for us to assume that a couple would easily cede the home their family lives in especially where they have room to cut on discretionary spending. I think outright job loss is a bigger/more valid threat to mortgages in the short term.

this is what thomas jefferson said about central banks

I believe that banking institutions are more dangerous than standing armies…if the American people ever allow private banks to control the issue of currency…the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent that their fathers conquered.” Thomas Jefferson, 1743-1826

...fast forward to 2008 and what happens? sub prime? why is kenya and different? these are mere games