2008-02-01cnn.com

'Senator Chris Dodd proposes setting up a fund that would buy defaulting subprime mortgages and restructure loans for borrowers.'

With think this idea is more along the "right" lines -- have the government move distressed property to provide relief to borrowers, and stop interfering with the market at the mortgage and corporate financial levels (of course, they're really doing all three, in a holy mess).



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