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gas tax: MORTGAGE MARKET "COLLAPSE" IS NOT REALLY THE PROBLEM - 02/07/08 09:31 AM
Much is being made about the prospects of a pending recession.  Politicians, media and some business people and economist are making every effort to build a case that charges the mortgage lenders, whose credit underwriting parameters are thought to have been too lax.
In some effort to make citizens feel good, and at the same time in hopes of heading off a recession, congress has plans of sending every taxpayer a check.  It also is putting in place a mechanism to reduce the number of projected foreclosures.
While these are both important and need addressing, the real culprit, the one that is doing … (10 comments)

 
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BILL CHERRY

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