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All Posts Tagged With: "Mortgage Crisis"

Everyone Deserves To Own A House, Right?

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By Art Smith.  Posted Tuesday, Mar 25, 2008 at 11:15 pm  
Filed Under: 2008 Presidential Election, Banks, Barack Obama, Business, Democratic Party, Economy, Federal Reserve, Hillary Clinton, Markets, Mortgages, Recession

Well, Hillary appears to be attempting to make EVERYONE happy.
More government money to rescue folks who simply bought more house than they could afford. According to a Wall Street Journal story Tuesday, Hillary proposes:

Freezing Forclosures for 90 days
Freezing Interest-rate Resets on Sub-primes for 5 years
Establish a $30 billion fund so states and cities can [...]


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