BlueFire

Obama's Homeowner Stability Plan: How Helpful Will It Be?

Stop the madness!

Foreclose.

Use the government bailout to purchase the foreclosed properties at auction.

Evict everyone and move them into affordable rentals.

TEAR DOWN EVERY SINGLE VACANT PROPERTY. That is the jobs program. Train them in building trades as the reverse engineer each teardown.

Now we have vacant land in urban, suburban and exurban communities that can be redeveloped with appropriate oversite.

This is a fair solution. We don't need to bail out banks. The foreclosure system works just fine. Take the pain up front and on the chin and let's get on with an honest rebuilding of our housing system and our economy!