One nice thing that has arisen from this "subprime crisis" is the drop in the number of used car salesmen, ERRRR, I mean "mortgage brokers" inundating me with "ReFi Now!" junk mail. I swear - I was getting 5-6 pieces of mail a day trying to convince me that a 5 1/2% 30-year loan really DID suck, and that I should take out a 3/1 ARM - it was a MUCH better deal...
On that note, will SOMEONE out there rub-out Wesley Hoaglin and his irritating "ticking time bomb" commercials - now THAT would be the "biggest no-brainer of all time"...
Now that Merrill has decreed Countrywide near insolvency (that's funny - they had them as a "buy" until the day before yesterday...), do I get my yurt for free now that they're going under?
No? Huh. Well - THAT sucks...
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In my ignorance, I was pointed to the Bloomberg definition of "yurt" which reads "A circular, domed, portable tent used by nomadic peoples of central Asia". Nicely done.
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