All this TARP & TARPII nonsense.

How about we establish a federal mortgage rate line, that banks access, to cut loans to CURRENT homeowners who are upside down, but make their payments and have "OK" credit scores? Why not be advantageous and adjust these terms for people who CAN pay their bills. This will only make these assets stronger and increase spending by those who are responsible. What a novel approach. Instead of addressing every person who crapped out on their mortgage, help those who are still trying to make it. Until Congress realizes this is the option, we will continue this circle of stupidity.

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