If you read one post I write, ever, then read this one.

[tedivm]

Senator Dodd has a proposal to help the economy.

Instead of a bailout, he wants to buy up the bad mortgages for 15% less than than the current market value of the house and issue new, clean mortgages to the people in those houses.

This does a number of things. It keeps people in their houses, it represents a much lower bottom line, and since it helps

Comments

[transversecity]

I'm not saying that this is an issue of party lines - it isn't - but I'm still shocked how the ruling party's nominee has managed to distance himself from all this.

All that being said - I'm having trouble not being paralyzed. We need to do something, but I am not sure exactly what, and this is a huge huge issue.

[tonysalieri]

Man, I wish Dodd had won the Primary..I really liked his tough stance on FISA.

[hottippic]

Thank you for posting this. I'd seen his proposal, but not in plain language, and so getting my parents and some of my friends to read about it and do something about it has been a challenge. So I will definitely be copying/pasting this. Thanks!