Chuck Schumer is a pandering moron, part VIII
Here he is, once again, advocating a reinflation of the housing bubble he did nothing to stop.
Big surprise. How much did the Wall Street debt-flippers who powered the bubble bring home to Chuck? How many checks did they write him?
Note to Chuck: when you're in a hole, you quit digging. You can't dig your way out of the mortgage crisis you enabled (by looking the other way while the evidence was all over your consituency) by doing more of what got you there in the first place.
The solution is simple: Let the banks and borrowers take their lumps. If people get tossed out of the homes they can't afford and never should have purchased in the first place, too bad.