Archive for the ‘mortgages’ tag
BS News: The $700,000,000,000 Bailout
It’s been around a week since the unprecedented bailout plan was proposed to save Wall Street. The plan that was devised in desperation to avoid a repeat of the great depression is intended to provide quick relief to the failing mortgage market. As one might have expected, politics has been and will continue to stall the implementation of the big bailout - perhaps until it is too late.


