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Politics : American Presidential Politics and foreign affairs
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To: DuckTapeSunroof who wrote (44827)8/16/2010 7:23:32 PM
From: TimF  Read Replies (1) of 71588
 
Yes it does... but isn't it about time you fessed up that you were wrong when you wrote "No", answering that she *did not* write that the "the rich" ARE defaulting at a higher rate than the general population is

No I was totally correct.

She did not say the rich are defaulting at a higher rate. She said she suspects they might be, while pointing out the data at hand does not tell us this.

The data shows a higher default rate for large mortgages, not for the wealthy. They correlate to each other but the correlation is not 1.
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