The President announced a plan to help homeowners caught in the sub-prime disaster. It all sounds good, up front, but there are enough caveats and “what-ifs” to keep lawyers happy for a long time. Read all the way to the end of the post below to see who really benefits..
When history looks at the Bush administration from the perspective of the American people, it’s overwhelming conclusion will be “who did the policy really benefit, since it clearly didn’t benefit the citizenry?” Too, with today’s announcement of “mortgage relief for homeowners,” we should anticipate history. An historian’s job is not easy, and bloggers should assist him (or her) in any way possible: [...]
Surprised? Not gonna help all that many people. Atrios spells it out even more clearly, with a little help from CNN:
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