Birdwatch Note Rating
2024-06-20 02:34:22 UTC - HELPFUL
Rated by Participant: 188EADC59624F19E6A182E05FB797D82AE49D17612222A430F1979C882BCB792
Participant Details
Original Note:
In 1982 Rhode Island Rep. Fernand St. Germain sponsored a bill that deregulated mortgage interest rates, not credit card interest rates. His no-down-payment loans of $1.3 million to acquire several IHOPs were considered suspicious, as he only had a salary of $42k per year. https://en.m.wikipedia.org/wiki/Fernand_St_Germain#Career
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