Wednesday, February 18, 2009

Mortgage "Moral Hazard" Plan

Click for larger table


  1. Another good post.

    Don the libertarian Democrat

  2. This is so true it makes me sick to my stomach. Once again we are using money in a way that is:

    1. Not going to fix the problem
    2. Increase deficit and lead to massive devaluation
    3. Punishes responsible people

    I wonder what the government is going to do once inflation kicks in and pensions/social security become worthless? We can't afford out current social security debts. How are we going to pay for the increased payments that will be necessary due to inflation?