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Raven

(13,889 posts)
Sun May 20, 2012, 12:59 PM May 2012

The GOP absolutely HAS been good for business!

It's policies have given Fred Thompson "gainful" employment encouraging seniors to reverse mortgage their homes at high interest rates so they can pay for their basic needs. Fred, of course, emphasies the fact that these loans are "government insured."

It's provided a great market for those pay day type loan companies..."We'll lend you as much as $10,000 because we trust you."

It's even given the furniture rental business a boost..."Rent your couch and TV from us...this is the new economy, after all."

I could go on but you get my point.

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The GOP absolutely HAS been good for business! (Original Post) Raven May 2012 OP
The business of servicing Turbineguy May 2012 #1
funny jdlaughead May 2012 #2
What's your point? Not clear Raven May 2012 #5
Robert Wagner, Barbara Eden, Henry Winkler, too. longship May 2012 #3
From what I understand, the lender Raven May 2012 #4

longship

(40,416 posts)
3. Robert Wagner, Barbara Eden, Henry Winkler, too.
Sun May 20, 2012, 01:52 PM
May 2012

Reverse mortgage just gives your house to the bank upon your death. What happens if you live too long?

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