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

To: bkcraun who wrote (176856)	1/13/2009 3:03:39 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

It makes too good of sense It would turn the economy around immediately The government would not be throwing additional unsecured debt into the toilet by handing it to the banks, who've already proven their lack of regard. While it would seemingly create more government, it could replace Fred and Wilma and a number of other housing agencies, eliminating overlap and inefficiencies. There would be a huge tangible asset behind it which could be re-privatized in the future and scaled down at a better time and in a more manageable fashion.