More Idiotic Housing Bailout Ideas
A bit behind the curve on this one, but Chris Dodd wants U.S. Taxpayers to start buying crummy mortgage bonds directly. Bail out his hedge-fund and big-shot banking constituents directly (after they've scampered away with their bonus money) while giving the appearance of helping overstretched borrowers.
Really, I don't have time to keep up with it all. For all the news that'll make ya sick, see HousingPanic.