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Politics : Impeach George W. Bush
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To: jlallen who wrote (90508)2/22/2008 9:49:07 AM
From: HPilot  Read Replies (1) of 93284
 
Not sure I get your point? If they knew they could not repay, then that is fraud? Most thought they could repay, the amount you could borrow against your income was raised so poorer people could qualify. But many were using varible rates and the amount they would have to pay if interest rates went near the limit was not factored in.
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