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To: Doe Eyes
So, stopping foreclosures stabilizes home prices, which stabilizes banks, which allows them to loan to business's, which, hopefully, will keep us out of a 30 year economic decline.

No, it maintains the bubble and kicks it down the road. Keeping people in homes they cannot afford is putting a bandaid in an amputated limb.

32 posted on 02/20/2009 3:38:08 PM PST by Dianna (Obama Barbie: Governing is hard.)
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To: Dianna
I agree that's the valid debate. I don't know which is correct.

I was really hoping to retire with some income security, but it may be a will be out of work in a food line.

Oh well.

35 posted on 02/20/2009 3:41:52 PM PST by Doe Eyes
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