2011-08-31blogspot.com

``Who would be the sources of SUPPORT for a plan like this? DeMarco (FHFA) would get what he wants. Obama would get what he wants (10,000,000 homeowners would love him). The economy WOULD benefit from this as consumers would have new cash in their pockets. Bernanke would get everything he wants (a new QE), and would have the political cover for his efforts. The only voice of dissent will come from Republicans in the House. But it is very likely that this could all happen without a vote.''



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