Bail Out or No Bail Out
Should the Federal Government intervene in the sub-prime mortgage crisis? That’s the new REALonomics poll.
If so, what form should the bail out take? Is there any connection between election year politics and the proposals being set forth by politicians about how to deal with the impending results of adjustable rate loan interest rates that are scheduled to increase throughout 2008?
More importantly, what is the position of the real estate industry? Should we allow the capital markets to run their course with respect to the current mortgage and foreclosure crisis? What responsibility, if any, does the mortgage industry itself have with respect to what has been created as a result of its policies and practices?
Vote now in the REALonomics poll on this page!
Post your comments about the government’s roll in this crisis.
Make suggestions for the next REALonomics Poll.
Popularity: 9% [?]
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Everyone should be encouraged to read Andy Laperriere’s article in the 12/4/07 issue of the Wall Street Journal titled.
“No Bailouts for Borrowers”
Perhaps you can reprint it here.