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View Diary: Sunday Talk - Welcome to Da Dawg House (188 comments)

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  •  And it democratizes the bond market (1+ / 0-)
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    it also jams a stick up the credit card companies' ass

    I never got sub-prime lending.  but adding a "risk-premium" on the loan rate, you're actually increasing the risk of default.  They outta call it Bush'Onomics

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