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


To: tejek who wrote (458696)2/23/2009 11:16:14 AM
From: Tenchusatsu2 Recommendations  Read Replies (2) | Respond to of 1573857
 
Ted, > What is wrong with reducing the interest rate on loans where the people can make it at 4.5%?

Fine, let's do that. Screw the moral hazard of it, and let the federal government cover the effects it would have on the mortgage-backed securities.

Either way, we're all paying for it, especially in the future when such reckless behavior is bailed out over and over again.

Tenchusatsu