Bailout II - A New Chapter in Bankruptcy

O.K., so the $700 Billion Federal Bailout itself didn’t instill much confidence. May I say, “Duh!” There are many reasons but foremost, it’s because the Bailout (I mean “Rescue”) Plan didn’t do squat to address the underlying crisis in the housing market. There is a way to address the mortgage foreclosure crisis and to help stabalize the real estate market at the same time. It’s fairly simple, and it will work!