Key Flaws in the Bailout Legislation [View article]
I'm not a Democrat, but if you would look at the HOLC that FDR set up in the early '30s, you'd see a way of attacking the foreclosure side of this problem going forward. That should come FIRST! Then, if the Government wants to get into greasing the wheels of credit, they can use whatever resources remain. I would not trust the current heads of banks and other lending institutions to do right by the little guy. They rarely, if ever, do.
Key Flaws in the Bailout Legislation [View article]