12.08.2007

Good times, good times

Reading this post (about how even high-income people are about to get burnt on junk mortgages) reminds me of how eager my bank used to be to get me into a home equity line of credit. Distrusting my sales resistance, I finally told them to stop calling, and they did, graciously.

The Tory in me wonders if the attraction of already rich people taking out home equity loans is a reflection on the virtue of the populace. But I try not to listen too much to the Tory in me.

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