Saundra McDavid

I tend to agree with this plan, discussed in more detail at http://foxforum.blogs.foxnews.com/2008/09/25/jpinkerton_0926/

Instead of purchasing a trillion dollars in bad loans from the entities whose greed surpassed their common sense, we should put the money back on Main street. Our government should offer low interest, 3.5%, loans to qualified borrowers and refinancers. I would like to see this extended to small businesses as well. This gives the banks the liquidity that they need as people refinance, and it gives the US Taxpayers an economic stimulus in the form of lower mortgage payments. Maybe then we’ll have enough money to afford both gas AND groceries, the cost of which are rising almost as quickly as our property taxes did in 2007.

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