I could see the lefties pushing, and getting all sorts of things.
A moritorium on new building, until the oversupply is sucked up.
They’ll say it will be cheaper, and protect the children and the communities if the Fed’s just buy like half the value of these morgages. They’ll explain that temporary housing, dislocation will cost more.
And, so forth. Basically any argument works. After all these are lawyers that will pound the table.
Meanwhile, limpwrist RINO’s will titter and do nothing and get rolled by white elite guilt. The Bushs and Mitt come to mind.
No the RINOS will beg for favors just like in Atlas Shrugged. Did you hear about Paulson begging on his knees to Pelosi.