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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pogohere who wrote (25901)	11/30/2007 10:18:38 PM
From: elmatador	Respond to of 217593

Robin Hood in reverse! Thanks for the strip, PH.

To: pogohere who wrote (25901)	11/30/2007 10:39:51 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217593

When you are the government, the rules are Calvin Ball. The Hunt brothers had to go along with government rules. When Alan Greenspan suggesting people get adjustable rate mortgages, I thought that might be cheap in the short run but could lead to BIG problems for in the long run. But they could have sold their houses at the top of the market, repaid the loans and made out like bandits. It was years ago he suggested that. In fact, it was still a good suggestion. Checking adjustable rate mortgages now, they are still cheap. So are fixed rate mortgages [both at 6% or 7%]. Mqurice