Birdwatch Note Rating
2024-06-19 19:25:44 UTC - HELPFUL
Rated by Participant: BD8F32680BCE92BBBF812B9BFE39E5853F59572EA4594FEACBC2CAF646583F2D
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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