Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (361162)	12/3/2007 7:56:24 AM
From: steve harris	Read Replies (1) of 1572942

It's not an issue that will have a highly supported solution. If I use margin in my stock account and get a margin call I can't pay, the govt should help me out? Or just help me out if I have a wife and seven children crying on the local TV channel? There is a lot of commercials running now about getting a fixed rate loan if you're facing getting a reset. Maybe the govt can contact these people and explain it to them, "our way or you're on your on". I feel a lot of them didn't know or care how an ARM works. Of course I still believe it is only an extension of the credit card situation, the people who are get maxed out on their credit cards are the same ones who maxed out on their home loans. There will be something wrong with any solution that happens. Especially with the govt involved.

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