Mortgage Bailout Plan Is All Wrong
The plan, regardless of whose changes are applied to it, is still a short term reaction to a long term problem.
Fannie Mae and Freddie Mac must be liquidated. Government caused the problem. Throwing tax dollars down the toilet fixes othing.
This plan will destroy what is left of our economy.
We need a totally different long term plan to cure our totally messed up economy.
Fannie Mae and Freddie Mac must be liquidated. Government caused the problem. Throwing tax dollars down the toilet fixes othing.
This plan will destroy what is left of our economy.
We need a totally different long term plan to cure our totally messed up economy.


The answer to that question is - we can't.
Why? Because the people who should be developing it are working for the other side.
Ask Pelosi.