Cause if you have already paid five or ten years worth and go back to a 30 years mortage then you can lower your monthly payments and still increase what you pay over the lifetime of the mortage.
If you have enough years paid, you could go to a 15 year fixed. You might be able to get an even better rate that way as well. Your monthly payment would probably go up, but the lower interest rate would mitigate the increase.
And Obama is supposed to be making a statement any time now.
I don't think requesting a time out looks presidential at all. I think it either looks like he's exploiting the economy to get out of the debate or best case, he can't keep up.
To me, it looks like grandstanding.
The Obama campaign said Obama had called McCain around 8:30 a.m. Wednesday to propose that they issue a joint statement in support of a package to help fix the economy as soon as possible. McCain called back six hours later and agreed to the idea of the statement, the Obama campaign said. McCain's statement was issued to the media a few minutes later.
Oh, for fuck's sake. What a cockbite!
I will be really fucking angry if Obama does ANYTHING to help Bush & Co get this $700 billion Trojan Horse through the gates.
Here, read this and feel nice and paranoid. [link]
I know it worked for me.
I will be really fucking angry if Obama does ANYTHING to help Bush & Co get this $700 billion Trojan Horse through the gates.
Absolutely. Though this makes me feel a bit better about what his idea of a package would look like. [link]
I don't know enough about the financial markets to have a valid opinion on the bailout plan. It seems like it will pass, I'm just hoping there is sufficient oversight. It seems like the potential for corruption is enormous.
Dude, "oversight" is for wimpy over-regulating Democrats. This is a time for mavericks and bold action.
I keep thinking I want a 10-year moratorium on the whole "Main Street/Wall Street"* line, but the literal involvement of Wall Street is making that look pretty unlikely.
* not the issues, obvsly, just the rhetorical trope
(and just to be clear, I'm reacting to every pundit and speech and not-so-smart article on the current crisis, not anything that's been said here. Including, in spirit, by Hank Hill.)