HangingOnByAThread

Senator Dodd's Housing Solution - Cramer's Mad Money (5/21/08)

Housing prices will eventually return to the market adjusted price. This bill may temporarily prop up home values, but in the end the values will still fall. All those looking to purchase will also become victims of the Senators political maneuvering as they watch their hefty down payment slowly slip always. This is a temporary solution that will end up costing billions and still hurting millions, while bailing out investment banks, home builders and speculators further.