The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Hawkmoon who wrote (104663)	2/13/2008 1:49:29 AM
From: patron_anejo_por_favor	Read Replies (1) of 306849

Hey, here's an idea. If insuring muni's is important (presumably to every state and locale in the country), why not let the Feds do it (just the muni insurance, thanks, with an irrevocable charter limited to that only). It's too important to leave in the hands of unregulated private entities (as we now see), and it's a nice profitable sideline to boot. Reduce the federal deficit with it, stabilize the markets and let MBI and ABK meet their (market) maker ASAP. A win-win-win(lose) scenario....socialize profits, privatize liabilities (for once).

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