Comments on: Geithner Doubts Government’s Competence http://libertyworks.com/geithner-doubts-regulators-competence/ Political commentary informed by the Declaration of Independence Wed, 08 Feb 2012 06:55:45 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Chuck http://libertyworks.com/geithner-doubts-regulators-competence/comment-page-1/#comment-5898 Chuck Wed, 29 Apr 2009 19:54:25 +0000 http://libertyworks.com/?p=3254#comment-5898 What this blog doesn't understand is the crisis, created by Bush deregulation, that President Obama inherited. There is no option to do nothing. We have to act or we'll have another depression, even worse than the last one. What this blog doesn’t understand is the crisis, created by Bush deregulation, that President Obama inherited.

There is no option to do nothing. We have to act or we’ll have another depression, even worse than the last one.

]]> By: thousand flowers blooming http://libertyworks.com/geithner-doubts-regulators-competence/comment-page-1/#comment-5801 thousand flowers blooming Tue, 28 Apr 2009 23:58:13 +0000 http://libertyworks.com/?p=3254#comment-5801 I sort of agree that private investors are unnecessary. The government should buy these mortgages at their current value, which is the price of the house. If that value is less than the borrower owes, then the borrower ought to get a break. Bringing in private investors means no breaks for the hard pressed homeowners who can't make high payments on a mortgage that's tens of thousands more than the house is worth. I sort of agree that private investors are unnecessary. The government should buy these mortgages at their current value, which is the price of the house. If that value is less than the borrower owes, then the borrower ought to get a break.

Bringing in private investors means no breaks for the hard pressed homeowners who can’t make high payments on a mortgage that’s tens of thousands more than the house is worth.

]]>