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How Do You Recapitalize $1.8 Trillion in Bank Loan Losses? [View article]
Cons: Where are the 2 million homeowners/renters going to come from? There's going to be a huge sucking sound of tenants leaving their existing homes/apts to take advantage of your gov't deal.
What are you going to do about the financial damage that your plan transfers to the landlords that own the homes these people are living in now? Seems to me that you are just hiding the pea under a different shell.