Is there any link that documents all the crap pork dems are trying to stuff into this bailout sausage?
Keep those cards, letters, phone calls and emails going to congress that we don’t want a blank check bailout. We need some new faces in charge. Valueing these assets should be done by a market mechanism.
So now they want to add a bunch of poor credit risk student loans? Credit card securities? Neither of those belong anywhere near this subject. They are both unsecured loans that the banks and institutions made wide margins on..they can swallow their losses. If there is no longer a market for student loans..then the schools will just have to respond by reducing undergrad tuition.