I can't claim total disinterest as I'll likely be on the market for my first house in the next few years, but this frightens me for reasons that go far beyond absurd mortgage rates:
http://money.cnn.com/2008/01/16/commentary/birger_clinton.fortune/index.htm
It doesn't have a chance of being implemented, but why even float this nonsense?
http://money.cnn.com/2008/01/16/commentary/birger_clinton.fortune/index.htm
It doesn't have a chance of being implemented, but why even float this nonsense?