To: Rockitz
Actually, I’m OK with this, assuming the Treasury dept. didn’t actually pay the banks any money to do it, and it appears that they did not.
5 posted on
12/02/2007 6:44:08 PM PST by
RockinRight
(Just because you're pro-life and talk about God a lot doesn't mean you're a conservative.)
To: RockinRight
What about those who have been dutifully saving during the recent run up in house prices and are waiting for a housing market crash prior to making a responsible investment? Such a policy would punish them.
No bail-outs for anyone- banks or homeowners. I say let the market sort this out.
16 posted on
12/02/2007 6:55:55 PM PST by
Rockitz
(This isn't rocket science- Follow the money and you'll find the truth.)
To: RockinRight
Actually, I’m OK with this, assuming the Treasury dept. didn’t actually pay the banks any money to do it, and it appears that they did not. Which is why I am surprised so many people have their panties in a bind over this. This is a market solution where both parites benefit.
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