Thursday, September 14, 2006

More Pay Option ARM and Hammered

Karen DeCoster has noted my earlier post on pay option ARMs (see “Pay Option ARM and Hammered” - link follows) wherein I offered a criticism to her for labeling ARMs “evil.”

Karen has posted a bit of a lengthy reply to my post, which begins by welcoming me back to the world of blogs (thank you, Karen), and then delves into why she thinks her usage of the word “evil,” to describe ARMs, is justified.  Karen’s rebuttal leans heavily on Austrian economics.

Further into the piece, Karen’s hackles are displayed, in response to a comment left by another fellow blog individual, which was left at my post Pay Option ARM and Hammered.

Unfortunately, I do not have sufficient time, at this particular moment, to reply more heartily to Karen.  But I will this weekend.

Karen’s current piece, titled “On ARMs, Bullish Know-Nothings, and Functional Retards,” can be read here.

Posted by John Venlet on 09/14 at 05:51 PM
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