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  • Solve the Housing Crisis by Rewarding the Prudent [View article]
    Markg....


    Theoretically, no one picks up the tab. The idea is to allow homeowners to refinance their existing 6% mortgages for 4.3%. wa-la, instant lower payments for solvent households. The question is, where does the money come from to pay-off all the 6% loans? The fed would have to print, oh, I don't know, about 6 trillion dollars to do that. wa-la, rates aren't 4.3% anymore.
    Nov 19 23:26 pm |Rating: 0 0 |Link to Comment
  • 10 More Notes for the Current Crisis [View article]
    Oh, Weezy! The REPUBLICANS are our saviors! If only they controlled all branches of gov't, everything would be hunky dory!

    Another good article, David, keep em coming.
    Nov 11 11:10 am |Rating: +1 0 |Link to Comment
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