dbulkley

Barney Frank's 'Subprime Relief Plan' May Make a Bad Situation Worse

When the foreclosed move into rentals they'll be paying much less in rent. To address the 'blight' problem bemoaned by bailout proponents, simply have the Fed fund lawn mowing and graffiti removal - that will be 50x to 100x less than the mortgage rescue plan.

Should Wall Street Have Saved Itself?

Interesting point, but should we not then judge homeowners/borrows by the same logic - just to be fair?