No wonder so many people bought into the variable interest rate mortgages. Not being able to figure what is half. Still wondering if this is real though, seems so excessive, one could say it's too much by at least one half...

My guess is that he did it out of revenge because she said "You're not making sense, I'm making sense." She deserves comeuppance for that...

SInce when does an entire economy depend on such a specific subpart as the housing market? Oh yes, since the corporate intellectual midgets going after profit at any cost shipped all the decent jobs they could to places where it was going to "cost less".   Now the only way to employ all the people who used to do som...more

That has to be the most pertinent remark of this thread. The idiotic FICO b.s. is supposed to represent our future risk. However, it is changed without notice, without our control, by other actors, in a way that is totally independent of our actions. In fact, it is even possible to take actions that lower your risk but...more

The way the banks are in bed with the credit rating industry reminds me of how Richard Feynman described the 3 laws of Thermodynamics: You have to play. You can't win. You can't break even. No matter what, we lose in this game, always.   There are only 2 things we can do: first, live within our means. That one is fi...more