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View Diary: Ending the Flood of Foreclosures:  Reform Financial Regulation (132 comments)

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  •  You know what I do when I have to read a (1+ / 0-)
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    complicated document?  I sit in front of the computer with it, and when I come to a term I don't understand, I put it into google and read until I understand it.

    That takes work, which is probably why people don't do it.

    That said, please note that I agree that we should start from the assumption that people aren't very bright and/or willing to work to understand mortgages, and should tailor our regulation to that assumption.  eg, I agree w/ you: we should idiot-proof this stuff.

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