A post from Mark Levin’s Facebook page.
Are Republicans supposed to say this out loud?
“While the Stampses’ happy ending is a counterpoint to the image, seized upon by political opponents, of Mr. Romney as a cold, calculating financier…”
Really?
According to the article, the mortgage on the house is $50,500 and the Stampses “have been writing $600 monthly checks to “Willard M. Romney” for 15 years.”
$600/month * 12 months = $7200/year
$7200/year * 15 years = $108,000
So the Stampses have paid Mitt $108,000 for a $50,500 loan…so far.
This story is not a “counterpoint” to Romney’s image. At best, this is a business deal in which both sides got what they wanted; the Stampses got to keep their house, and Romney made money. At worst, Romney is taking advantage of this couple by charging a usurious interest rate on their mortgage.
