IPAYMYTAXES

Barron's Plan to Save the Economy - For Just $200B?

At least Barron's Plan is 15 times cheaper than the 3 Trillion Dollar Plan being consider by the tax evading Treasury Secretary.


On Feb 17 11:55 AM jhaus wrote:

> Ex the moral-hazard issue, this plan would work. However, there is
> another, equally effective way which solves a large portion of this
> moral hazard...
>
> Rather than subsidize mortgages taken on by subprime borrowers, incentivize
> investors to purchase these homes through an expanded rent subsidy
> program which will keep the current owners in the homes, but will
> guarantee a portion of the rental income stream to keep the investors
> and banks solvent.
>
> Here's the better plan to save the economy:
> www.nnnrent.com/2008/1.../