Oh, please. The extent to what apologistas will go to try to prop up their failed president.
Don't you realize how stupid this makes you look? ---------- On Sep 30, 11:59 am, "d.b.baker" <[EMAIL PROTECTED]> wrote: > [Q] - To test Nancy Pelosi’s hypothesis that after eight years of > President Bush the economy is in far worse shape than it was under > President Clinton at a time of “budget surpluses,” I went to Lending > Tree to see what kind of mortgage terms I could get to buy my first > home today. . . . > > So what kind of offer did I get today in the midst of this > horrible financial crisis? I got four offers, the lowest of which was > a 15-year fixed-rate VA mortgage of 6.0%, zero points and zero down, > yielding a monthly payment of $948.20. Yes, that’s right, as bad as > everyone says the economy is today, I can get the same mortgage as I > had twelve years ago for about $250 a month less than I was paying 12 > years ago in the midst of a “great” economy. > > But what about the rise in prices of real estate, you might argue? > Good question. So I checked Realtor.com to see what my old house might > cost today. While that particular home isn’t currently on the market, > another home with the same floorplan and in the same division is > listed at $139,000. Plugging that amount into the 6.485% effective > annual percentage rate of the mortgage I was offered today and I could > buy my old home again today for $1,209.69 a month–about a dollar less > than what I was paying for the same home in 1996. > -http://www.bobkrumm.com/blog/?p=1940 > > Caution: Don't try this in California. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
