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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (223245)	3/10/2005 10:32:01 AM
From: 10K a day	Respond to of 1577146

>Congress is bowing to credit card companies and royally screwing the middle class. i think they (the banks) see the looming interest rate increase. and people walking away from their homes. (some trapped in 3 and 6 year ARMS) (i will say when that happens) i dunno. the laws in california is like. all they can take is the house. they can't take your (other) assets....I'm not an expert on mortgage insurance but i would think those guys will take it in the chops...

To: SilentZ who wrote (223245)	3/11/2005 5:42:57 PM
From: TimF	Respond to of 1577146

It sounds to me (and I could be wrong) that that particular group gets away with using this loophole more than other groups... I think you are wrong. It just you hear about it when they declare bankruptcy because it becomes a political issue. The most important issue here is that Congress is bowing to credit card companies and royally screwing the middle class. I haven't decided whether I support this bill or not, but I don't see how making people pay their debts is "royally screwing them." Tim