Blog changes

Hi, and thanks for stopping by! We've made some big changes to the blog - including shutting it down! With social networking and micro-blogging these days, there's no need for us to blog. So check out the latest on our homepage, and thanks for visiting.

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Confused about Subprime Bailout Plan

All the news I read & listen to today is about the plan by Bush (and others) to help borrowers with their subprime mortgages. However, the plan, as I understand it, is to simply freeze rate hikes for 5 years.

How does this fix the problem? Isn’t it just delaying the problem?

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