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For bailout to work, housing market needs to mend
Sat Oct 4, 2008
- I don’t think most of you bloggers understand what the effect would have been if we had failed to pass the bailout plan.
Do the steps being taken by the U.S. government restore your confidence in the economy?
Fri Sep 19, 2008
- when the govt buys up all the bad mortgage loans, they either have to foreclose on the bad loans and become the largest landowner in the US, or they have to reduce the loan balance to a level at which the existing homeowner can afford to stay in the property.

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