Debt Stupid

There’s a flood of foreclosures coming — about 1.1 million!
According to the article:

You have a 1-in-3 chance of losing your house to foreclosure if you got an adjustable-rate mortgage, or ARM, in 2004 through 2006 that had an initial teaser rate of less than 4%.
If you got a subprime ARM in that period, you started [...]

I have to hand it to the Internet. It is the greatest medium ever created! So much so that a local peasant such as myself can do business over this great medium with other peasants around the world! Even look for bargains!
I was recently reminded of a banking incidence of mine I like to [...]