Sunday, March 18, 2007

Sen. Clinton Shows Some Leadership

The mortgage market is going to be the savings and loan crisis of the 2000s. Its time that our political leaders take note, and action.

I'm glad to see Sen. Clinton is on top of this issue.


Anonymous said...

I completely agree with that statement.

40 year mortgages, interest-only loans, home equity loans: Why not just rent, it'll never be paid, and affordability is questionable. One blip in a job situation could be the first domino.

I was beginning to wonder if the crisis would occur when the borrowing generation begins to pass-away, as the debts are left to the children. Hopefully it'll reconcile sooner rather than later. Can you imagine the shock of loosing a loved one, then finding out they've financially devastated all you'd built?

Anonymous said...

Glad to see your visitor numbers are up. Wish they'd post more comments.