16. The vast majority of ARMs are offered to people who don't qualify for a standard loan
or are buying a home they normally wouldn't be able to afford.
And now the home owners can't afford them. That's why Bush is giving Bear Stearns $30 billion-with-a-"B".
No thought at all of giving any relief TO THE HOMEOWNERS who were scammed. After all, it's their own fault that they were scammed. They should have known that their ARMs were bad deals, even thought they had no other option offered to them.
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