“The WHOLE ENCHILADA i.e Government taking back all the bad loans along with rate freezes etc etc etc. Thats why you are hearing Great Depression references not from pesky bears on blogs and chat boards but from the Chief Economist of Goldman Sachs, the CEO of Wells Fargo and of course Bill Gross of Pimco.”
This means our TAX will go way up! Our childrens children will be paying for this mess. I believe a lot of people will get to stay in their homes at the expense of the Government State/Fed Bailout. You think nobody thought this crap would be a bail out? Maybe in 2010 there will be a home give away to people with the best credit scores over 780?