Al-Qaeda and adjustable rate mortgages

The FBI announced yesterday it had received a tip that Al-Qaeda is planning to attack shopping malls in L.A. and Chicago during the holiday shopping season. The FBI also announced it considered the tip unreliable, and had no real information about any mall attacks. Since the second announcement completely undermines the first announcement, it seems the FBI is making these announcements, just because it enjoys announcing things.

The idea is that Al-Qaeda would attack malls in order to disrupt the American economy.

Amateurs.

Al-Qaeda should leave disrupting the American economy to the professionals– the mortgage lenders whose predatory practices have created a record number of foreclosures, and lead to the current housing slump.

Tags: adjustable rate mortgages, al-Qaeda, FBI, foreclosures, malls, phony tips