How Would You Fix The Economy?

If you read this blog, you know that I have really been annoyed with the way the “fixes” to the credit crisis are headed. A mortgage rate freeze that will have us back to this point later, Fed rate cuts that encourage inflation and now a liquidity plan that further aims to put an inadequate band-aid on a gaping hole gushing with blood.
I personally think that some sort of nationalized standard of lending should be developed. You know, one that requires that someone be able to make payments on a mortgage — even after the rate resets. And I certainly …read more