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To: JoeSixPack1
>>Back in the peanut days of billybeer and 24% mortgage rates,

Ah, yes I remember the housemates in college covering the coffee table in BillyBeer empties. I also remember buying our first house in 12/83. Ronnie had of course been in office for 3 years, was doing all he could, but rates were still at around *13%* for a 30-year-fixed-rate mortgage. Try wrapping your amortization spreadsheets around that, any of you youngsters.

Normally, I am quite proud to say I am a Georgia Tech grad. Right now, Jimmy is all over the cover of the alumni magazine that just came in the mail. I wanted to hurl when I saw it. I guess one can generally understand a university wanting to play up an association with a former President, but I wish thay'd taken a pass.
26 posted on 11/16/2002 4:52:36 AM PST by FreedomPoster
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To: FreedomPoster
My first attempt at a home purchase was a disaster (1979). 18.4% and they kept saying it was a special rate and wouldn't last long. They were correct.

New cars had tripled in price since my first new one ('72). Imports ruled the market, Harley-Davidson was tanked, the biggest moron on TV was the new big screen idol (travolta), and little people like me discovered a place called "IRAN". No wonder everyone was coked out.

Thanks Jimma.....
29 posted on 11/16/2002 5:06:00 AM PST by JoeSixPack1
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To: FreedomPoster
Another Tech grad and when that magazine shows up here it's straight to the circular file and a letter off to the GTAA about donations and cessation of same!

39 posted on 11/16/2002 7:18:57 AM PST by Rummyfan
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