>Is a NINJA loan where they give a low initial rate, then increase it after a few payments?

Many might already know this, but.....here were the words of the George Bush...

" It means we use the mighty muscle of the federal government in combination with state and local governments to encourage owning your own home"

The classic irony here is that I can't recall Barack Obama ever making such a blatantly totalitarian threat to influence the American economy.