Will Thorndike’s 40-R be Wrecked by the Recession?

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You don’t need to be a rocket scientist to see and feel what’s going on with the economy. What with gasoline averaging about $3.20 a gallon and home heating oil pushing the $4.00 a gallon level, the average Joe is being pushed to the limit. Foreclosures are rampant and you now see signs promoting “selling short”, meaning if you sell your home for less then the outstanding mortgage balance, the bank could forgive you of the difference… everybody is just looking to cut their losses. Food prices are climbing as is the cost of commercial travel. We can’t even get away on the cheap in order to lick our wounds.