Wednesday, March 5, 2008

I Have A Plan, Let's Just Talk About It Then Do Nothing

Everyone is scrambling to give the nation a sense that something is being done about the market conditions and to stimulate the economy. With the weather changing and the steady flow of hot air, it's hard to tell what exactly will be the result of all the hype in the media and government. The following article runs through some of the proposed fixes.

Housing rescue: What you need to know (click the title to read the full article): There are so many plans being floated to stem the subprime crisis and avert foreclosures, it's hard to keep track. A cheat sheet on the major proposals.

Of course we can always count on some moral support from our favorite Fed Chairman Bernanke.

Bernanke Calls for More Mortgage Relief (click the title to read the full article): Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke called Tuesday for additional relief and urged lenders to help distressed owners by lowering the amount of their loans.

No comments: