Quote:
Originally Posted by dyna mo
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?
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What's wrong is that there is no "saving $85 billion a year"...
sure, the homeowners will save 85B/year...
but for that to happen some other party has to get fucked out of 85B/year...
