Dow High

" Well bill your solution. It's on its -- talk with my list. The the 10000 level but. And it's not a committee I don't think it's and -- stimulation at all I mean I'm glad to see you know people. Investments and retirement spot -- and -- a little bit recovering some of what we've lost. But you know I think it's it's it's a bit of a false indicator. In that state don't feed you and even an instrumental based on futures and speculation. And does not gonna I'm I'm not gonna you know would go on that premise and in. To make investment and what have you and it I mean to me you know under the average guy on the small business guy. Used to employ three or four people it's down to me now. And an N I arts I've seen nothing -- there's stimulating anything I mean. You know look at the two biggest investments ago -- insult than most people have obviously number ones and their retirement. And number two is going to be that -- It is typically are used to having equity and home. We try to look -- look at it as a as a back up if you look at it's kind of a safety."

" So it's what what what did I'm Roger Greenspan's should be given -- he's used to before is the wealth effect."

" Yeah exactly yeah. And most of the don't have that anymore and it's like he just indicated it would the last caller. You know -- and most people can't be on it because they don't have the equity to do. In the most the government -- and it's really not helping you know the in the home industry right now the real estate industry. I didn't have a friend it's sort through government and government modification. She's about 45% upside down her loan and it's what they're doing through via -- is. Is offering a a five year I guess you'd call an extension of like they stopped their loan. And unified -- at 2%. Based on the principle that they'll do on the on the low but after that five years serving does that the world was. So it is just gonna get and fighters to extend possibly -- payment they can afford. In hopes of the market coming back in the value common."

" in the numbers of they've actually modified in these areas are are. In the hunt only 300000 is one number I've seen when there's something like 38 million mortgages. That are that are underwater so they've they've barely scratch the surface there as well bill I appreciate your call."