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NJ5 said:
Viper1 is right. In the first half of 2009 alone, USA foreclosures were 1.5 million:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aHAbmgVoHjA4

ok, and my figure was over 3.3 million.... so even if you doubled the 3% to 6% thus nearly 7m you still have barely reached the same amount of both stimulus packages and I still feel it would have been far more productive use of the money with far less risk. It would have obviously directly helped those in the most need as well.