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The Facts Behind the Coming Congressional Mortgage Bailout Bill

Paying for homes from IRA withdrawal without tax and penalty is rewarding fiscal imprudence for some and penalsing fiscal responsible people. At the same time, it pushes present problem of falling home equity to more poor old folks whenever they come to age of retirment. Then what? It is better to administer the bitter pill now and seek correct solution then to pass the issue for more misery tomorrow.....