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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Trinchero who wrote (169113)	12/4/2008 6:21:51 PM
From: bentway	Read Replies (2) \| Respond to of 306849

"Instead of giving the money directly to the banks, give it to the people that will spend it and subsidize J6P in the process!" But Pat,..the moral hazard! I know I'd spend MY money on hookers, drugs and needless travel. My government needs to protect me from myself..

To: Patricia Trinchero who wrote (169113)	12/5/2008 8:30:36 AM
From: Smiling Bob	Read Replies (4) \| Respond to of 306849

Paulson is actually on the right track Nationalize ALL single family mortgages and set rates lower It has to pay better than 10 and 30 year notes The immediate benefits to disposable income, the economy, the banking sector and the housing sector would be make this crisis a distant memory. It would be done at the lowest cost to taxpayers than any other option. Additionally, it would allow mortgages to be sorted out and repackaged over a longer and less chaotic environment.