Paulson

Can I name him Mo.....

No matter what they do... without the fed paying the mortgage for them...

Borrowers won't be able to go from a 1-2% Teaser, and hang onto it...

Sure They can get a 6-7% instead of 9%... but how much will that help?

Are you buying up here? with flat earnings, and a slowing economy? weak consumer?

This reminds me of the Bush proposal... what was it? to throw a few drips of water on a fire.

Charming is, it seems like all of this stuff is just intended to delay the inevitable.