A great piece of writing from two fantastic Palmetto State bloggers with whom I have the honor of being acquainted, what you see excerpted below is by no means enough. Read the entire piece. Laugh at the photos. Feel better about yourself, about the Tea Party, and about your sense of personal responsibility. Granted, you’ll feel terrible about the future of America, but if you’re like me you’ll get a few solid chuckles in the process.
Dear Math is Hard,
We’ll break this down rather simply for you. Because, evidently not only is math hard, but reading is not fundamental to some:
a) That’s not fixed rate, idjit. If there are adjustments, then that means it is, you know, an ADJUSTABLE rate.
b) The people who did read their loan documents and pay their mortgages, as willingly entered into, should also pay for you because you were too lazy to read and comprehend your loan docs? But the house was so purty! Oh, look! A shiny!
Guess what, Ms. Math is Hard? Plenty of people could not qualify for a fixed rate standard mortgage and somehow managed to understand that their income would not magically increase via unicorn farts and fairy dust every six months to cover increases due to an adjustable rate.
Again, the excerpt doesn’t do Lori and Jenn’s piece justice. Between the concept and the execution, it may be one of the best blog posts I’ve read this year. Funny stuff.