[VOA]

We have to maintain the FR theme that anyone who got an ARM is an idiot
who deserves whatever bad thing happens to them. /s

Well, calling everyone that takes an ARM "an idiot" is a bit
too sweeping.
But, while waiting in the doctor's office this morning, I read
a "Money" magazine article on ARMs.
The investor (in Florida) they interviewed said he'd made a killing
via ARMs. And that people who take out ARMs are "idiots".

I was a bit suprised that someone making $$$ off the product would
slam the buyers so directly.

[Hydroshock]

I remember in the late 1980’s in the oild bust a lot of people lost their homes. Many had ARMS. I ahve always looked at ARMS and insane, particularly when we have 5 to 6 percent fixed out there.