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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (163722)	3/4/2008 11:45:39 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

OT/FA - More on BeBuSt (Benanke - Bush Stimulus): WASHINGTON — However much they might oppose it on ideological grounds, the Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders. Ben S. Bernanke, the Fed chairman, told a group of bankers in Florida on Tuesday that “more can and should be done” to help millions of people with mortgages that are often bigger than the value of their homes. nytimes.com How exactly are doing to help those "millions of people"? Are they going to simply print money, or will they take it from the taxpayers? -- which, in the end, is the same thing anyway.