why didn’t we think of this before? the government will fix the subprime mess!

foreclosure rates keep rising

In light of the continued debacle in the real estate markets, congress is now considering subprime mortgage relief including a proposal by Illinois’ own Senator Richard “Dick” Durbin that seeks to allow Bankruptcy Judges to cram down mortgage interest rates. Now if only I could get Congress to pay my mortgage too, everything would be A-OK.

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