Sir Balladeer, Mortgage rate freeze reached

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The Alley

Sir Balladeer, Mortgage rate freeze reached

TomMark
Member Elite

since 2007-07-27

Posts 2133
LA,CA

0 posted 2007-12-06 01:57 PM

President Bush announced on Thursday a plan to freeze interest rates for five years for hundreds of thousands of strapped homeowners whose mortgages are scheduled to rise in the coming months.
http://news.yahoo.com/s/ap/20071206/ap_on_bi_ge/mortgag

How do you EXPECT (we are on this word in Philosophy forum) the Government to go smaller if the hand has reached into people's house, physically?

after your golfing

Tom

Balladeer

Administrator

Member Empyrean

since 1999-06-05

Posts 25505
Ft. Lauderdale, Fl USA

1 posted 2007-12-06 06:17 PM

Well, your link is invalid and I have no idea what the meaning of your question is.....but other than that golf is good!

TomMark
Member Elite

since 2007-07-27

Posts 2133
LA,CA

2 posted 2007-12-07 12:22 PM

I certainly allow you to pretend not knowing something that you do know.

Tom

Christopher

Moderator

Member Rara Avis

since 1999-08-02

Posts 8296
Purgatorial Incarceration

3 posted 2007-12-07 01:15 PM

I always think it's a good idea to remove the consequences of people making poor decisions.

Not to mention what a wonderful idea it is to freeze interest rates for the next five years, disallowing the opportunity to adjust to economic changes; anytime we have the chance to limit our potential to react and control a rising or falling economy, we'd better jump on it.

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