This may be the biggest spending proposition since the New Deal: Getting the Feds into the mortgage market to provide all Americans “a new mortgage at the new value of their home.”
Comments
Anonymous | 10/7/2008, 9:53 pm EST
Jed Clampett
he wants to b.uy them at the loan’s value from the companies that hold them first. You have to realize that these guys are masters at giving only half truths, they understand that the media would rather chase Paris Hilton around with cameras rather than dissect bills in washington and follow senators around with cameras during their pow wows with lobbyists.
Peace
TinFoilHat | 10/8/2008, 2:39 am EST
He’ll force the law through the legislature and then freeze it! Kind of like ‘no child left behind’.
TinFoilHat | 10/10/2008, 3:34 pm EST
The corporate media is billing the recent market nosedive as ‘the worst since 1987′. Hmmm, what does this have to do with 1987? Oh yeah! This must be what happens after two terms of a Republican administration! Kill the beast, y’all! We ordinary Americans are just ‘collateral damage’.
DirtyDennis | 10/11/2008, 5:47 pm EST
TinMan,
Nice call. Still the researcher, I see.
Frankly, given the sheer volume at play and the interdependency of global economies, one could make the case that this is the greatest economic crisis ever.

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