I came across this at another blog and found it to be a decent and somewhat funny explanation of how we got into the current financial crisis, though I must warn that it has some crude and offensive language. Interestingly we got into our house through one of these questionable mortgage deals but refinanced it as soon as we could.
In terms of the bailout Tom Brokaw has a good piece on it at the Wall Street Journal.
Memorial Day thoughts….
7 years ago
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