re: #699 opnion

There is a financial guy on CNN right now defending the bail out.
He said that people that signed Adjustable Mortgages had no idea the they would adjust 2% per year.
Say what?

* * *
Yes, deal with it. We’ve got massive math illiteracy in our nation. Hope & Change will pay your interest off.

When you mandate—like the Democrats did beginning in the Carter Era—that banks “give” mortgages to barely literate people with little or no mathematics background, you get disaster.