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Debating a Financial Bailout
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Ocean, N.J.
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While witnessing, but not participating in, the home real estate frenzy in 2005 and 2006, I kept asking: Who is the idiot buying up all these mortgages issued on inflated home prices to all these people who have neither the capacity nor the intention to repay the loans?
Now I learn it was me.
TED THACKER
Ann Arbor, Mich.
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