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To: Brilliant
If freezing subprime rates helps keep these people out of foreclosure, then why don’t the mortgage companies just do it without waiting for government to act?

Actually the lenders and other bag-holders are hoping to devise a 'solution' that sticks the taxpayers with all their bad loans, so they have to get the government involved. You're not supposed to notice that their explanation doesn't make sense, so please shut up. Thank you for your cooperation.

110 posted on 12/01/2007 7:50:17 PM PST by Pelham (No Deportation, the new goal of the Amnesty Republicans)
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To: Pelham
a 'solution' that sticks the taxpayers with all their bad loans

Yep, inflation is the stealth tax that will be inflicted on the unsuspecting dollar-sheep.

111 posted on 12/02/2007 4:15:33 AM PST by Vet_6780
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