It occurs to me that no matter what anyone says, the government is a big part (if not the biggest part) of the problem with regards to the current economic situation. After all, the government decided to dabble in the mortgage market, came up with some rather insane idea, and implemented its strategy of the course of a couple of decades. Now, let’s not argue or even waste time considering the rights or wrongs of that. The point is, given that they put the taxpayer at risk playing this game, I wonder if the taxpayer shouldn’t step back and say, thanks but no thanks with regards to the government jumping in with both feet to try to “rescue” the situation. Really, they don’t know how deep the water is, or if there are sharks, or if it is water they’re jumping in to. (might be toxic waste they’re headed for)
Just something else to consider.