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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: AK2004 who wrote (576147)5/17/2004 6:03:52 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Re: interest rates should help home owners as the value of the debt goes down.

>>> LOL!!!!! It's not much help to the 'homeowners' as their adjustable rate payments rise!

<Big problem: With interest rates rising, the government is going to have to roll over these debts at a higher and higher interest rate> LOL-LOL-LOL-LOL, that is actually a benefit.

Again, (surely you are not this S-l-o-w!), it's definitely no benefit to the NATION... nor the government's fiscal position!



To: AK2004 who wrote (576147)5/17/2004 6:09:03 PM
From: JBTFD  Read Replies (1) | Respond to of 769670
 
<<With interest rates rising, the government is going to have to roll over these debts at a higher and higher interest rate

LOL-LOL-LOL-LOL, that is actually a benefit.>>

Maybe you could explain your reasoning on this Einstein.