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Old 09-25-2008, 03:36 PM
jseal jseal is offline
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Join Date: Feb 2003
Location: Maryland
Posts: 541,353
Is it wise for the federal government to give money to people who couldn’t figure out that ARM payments can increase as well as decrease? Is there any evidence to indicate that their behavior would be more sensible now than when they signed their contracts? At least the Feds can regulate banks - they are companies. Would it be a good idea to have the Feds try to regulate the spending habits of hundreds of thousands of citizens?
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