User 208341

Propping Up Home Prices Will Not Solve the Crisis

Why not consider converting the troubled mortgages to 50 yr fixed rate
instruments. The exact rate I'm not exactly sure of, the key is to decide on a rate which will leave the homeowners more able to pay while preserving some kind of real value for the lenders.

Wake Up America, You’re Sinking

Some very sound points Mr Roskoph, but a slight contradiction. You can't coplain about all the financial and social engineering going on in our economy, then blame our current mess on "laissez faire" capitailsm.
As a true "Smithian" I just can't let that go.