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Reply to "Let's take a closer look at Mr. Greenspan"
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[quote=jsteele]Greenspan, or should I say, Mr. Andrea Mitchell, famously said that Americans were wasting their money getting fixed-rate mortgages and should get ARMs: http://www.usatoday.com/money/economy/fed/2004-02-23-greenspan-debt_x.htm Then, resetting ARMs were one of the biggest contributors to the housing crash. [/quote]
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