Donkey Punch

November 7, 2008

Good Explanation

Filed under: Finances — Tags: — t4toby @ 10:14 pm

Explanation for the sub-prime mortgage crisis:

Its like your insurance agent comes over, gets drunk, takes your car, wrecks it, hands you the keys, and then says, “Oooh. That’ll increase your rates.”

Paraphrased from NPR today.

Advertisements

2 Comments »

  1. …and then the GOP blames poor people and Bill Clinton for the problem.

    Comment by Cangrejero — November 8, 2008 @ 8:02 am

  2. teh clenis!!! everyone knows it’s the root of all evil!!!

    Comment by sarah — November 12, 2008 @ 1:32 am


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: