That seems to be the modus operandi of the new administration. Obama now wants to spend at least $75 billion on saving homeowners from foreclosure. Some reports indicate that this amount could be backed up by another $200 billion, but to listen to Vice President Biden's chief economic advisor, Jared Bernstein explain it, it sounds even more like no one in the administration has a clear strategy and that they are making it up as they go.
Thursday, February 19, 2009
A Wing And A Prayer
Labels:
Economic stimulus plan,
mortgage bailout
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment