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Old 08-25-2011, 01:11 PM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,743
Quote:
Originally Posted by dyna mo View Post
i read the article,

i don't see how allowing homeowners access to the same low interest rates big business gets, while saving $85 billion a year in interest payments for those homeowners is a bad thing.

could someone explain how that's wrong?
that's exactly what everybody was saying in 2002, when they were "making it easier for people to buy homes", and "Fannie May and Freddie Mac are perfectly solid", and "low interest rates help the little guy afford a home", etc, etc, etc....



"sigh".... Never Mind.




I think it's time for that drink now.... a little early in the day maybe, but.... I'm just going to walk away.

.
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Last edited by sperbonzo; 08-25-2011 at 01:12 PM..
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