Phil, What we need is a 50 year mortgage at 6.75 % for all these poor dumb folks who screwed up. Then, at the end of 50 years they will have paid off their mortgage and the US taxpayers who did not create this mess will not have to pay for it.
Call it refinancing and do not allow the banks to charge any fees for the refinancing.
Summer in the Citi - Fast Money Recap (5/2/08) [View article]
It amazes me how the folks on CNN and other TV channels and the bloggers on SeekingAlpha can give advice with so little data to back it up.
BS is free. Those folks who believe the BS will get fleeced. Investing smartly takes a lot of hard work. You will not learn how to invest successfully by watching television.
Options Trader: Tuesday Outlook [View article]
Call it refinancing and do not allow the banks to charge any fees for the refinancing.
Summer in the Citi - Fast Money Recap (5/2/08) [View article]
BS is free. Those folks who believe the BS will get fleeced. Investing smartly takes a lot of hard work. You will not learn how to invest successfully by watching television.
Fast Money Recap: 3/6/08: Obituary for the Yellow Pages [View article]