Friday, September 26, 2008

Homeowner Bailout

While there are many criticisms of the Paulson Plan, one of the most voiced is that the plan does not bail out homeowners; a plan must be crafted to help homeowners. However "both sides seem to have forgotten that Congress approved a $300 billion mortgage rescue package in late July." I don't think that it's such a major issue that this plan seems to have been forgotten so quickly, I merely think that it is not a valid excuse for holding up the passage of a financial plan.


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