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Read other letters about this article
...chairman, and this did happen during this past week.....
www.brokeruniverse.com/hearing
....and since politics...for the J6P's in America...is THE ECONOMY....and since the wealth of the nation....the 30 percent of assets that the top ten percent wealthiest among us, doesn't already own...is largely tied up in residential real estate...
...wouldn't it have been a good idea to ask Dodd about the implications of the sudden...and huge...liquidity drought that has descended on the mortgage market...and how he plans to help to maintain an orderly exit opportunity for distressed homeowners who have remnants of equity in their homes that prevents them from walking away from their mortgage obligation, as valuations sink....spurred now by the sudden liquidity drought?
To most, the mortgage availability issue is of more concern than the thuglican rape of our bill of rights...and less you think that I am out of touch, here is my reaction to friday's senate vote: www.dailykos.com/storyonly/2007/8/4/5233/70205
....You're gonna be writin' 'bout the failing economy, Glenn, round about the time if the 2008 elections, because...it will be THE issue....and you should have started by asking Dodd about his plans to mitigate the unfolding disaster and dislocation.....
