A Housing Bailout Might Be a Boon, But Bush's Is a BustQuicklink submitted by Russ Wellen Permalink
|"For those who don't know, last week President Bush and Treasury Secretary Henry Paulson unveiled a 'mortgage rescue plan' (NOT a bailout, they desperately stressed) that would enable qualifying homeowners to qualify for a five-year freeze of their mortgage at the current rate," writes Martin Bosworth at Scholars & Rogues. "But the general consensus is that it s**ks."|
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