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From what I understand, the subprime market is filled with predatory lending practices that prey on uninformed home buyers who are bilked into paying sky-high adjustable interests rates- but if most of them aren’t even able to repay their loans in the first place, a fact in which most lenders are well aware, in what [...]
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too similar to congress pressuring mortgage companies to give loans to high risk borrowers?
(The final sentence being the thesis) In the wake of a financial hardship greater than most of today’s generations have ever known, now is the time to consider the value of our children’s financial knowledge for their future. Today’s twenty and thirty-something’s are crushed under the weight of college loans, a mortgage crisis, a weak [...]
I know that in Europe and Japan, people often can’t get fired because of Indefinite Contracts, which are sort of like contracts which make it immensely difficult for companies to fire workers. Of course, I can understand the liberals’ argument for such worker protection, since it shields workers from rapid unemployment in an economic downturn. [...]
So we know for a fact that obama did drugs at least according to his books…and this is cool, but the idea that Bush might have done drugs makes him a druggie? I know that Bush had an alcohol problem so I am not denying that I am just referring to illegal drug use Bush [...]