In article <f723d648acc40f0dc97be55fed8e3718@[EMAIL PROTECTED]
>,
anonymous@[EMAIL PROTECTED]
says...
> "Although lenders and servicers have scaled up their efforts and
> adopted a wide stance of loss-mitigation techniques, more can, and
> should, be done," Bernanke told a meeting of the Independent
> Community Bankers of America.
>
> "Principal reductions that restore some equity for the homeowner
> may be a relatively more effective means of avoiding delinquency
> and foreclosure."
robin hood is a poster boy for the tax system.
--
The most successful tyranny is not the one that uses force to assure
uniformity but the one that removes the awareness of other possibilities,
that makes it seem inconceivable that other ways are viable, that removes
the sense that there is an outside.
Allan Bloom
The Closing of the American Mind
