So, now that we have heard another couple of days of Congressional hearings with Bernanke and Paulson. What is everyone’s opinion/read on what the new bailout will look like?
Are we going to bail out individuals mortgages through foreclosure forbearance, (through “bankruptcy cramdown” by judges), student and car loans, and all the other debt as I have been hearing about?
Are housing prices destined to be supported by our own tax dollars, disallowing those of us waiting to buy from affording a home?