A possible "Last Resort Option” for ending the credit crisis and reinvigorating the economy should our politicians fail to act or their actions fail to work. In the event that the worst does happen, the financial systems crash, we have mass unemployment and bankruptcies, I propose we forgive all debt for individuals, corporations, and perhaps even the government. I invite all to participate through posting comments and casting your opinion poll votes. Be sure not to miss the last poll.
Tuesday, October 7, 2008
Did John McCain just propose a “Mini-American Jubilee”?
I could have sworn he said & then repeated later, that he wanted to buy up all houses going into foreclosure, give them back to the individuals who just defaulted, and provide them with a reduced loan amount equal to the current market value of the home. I heard that, right? Exactly who is the Republican in this race? I'm confused.
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