The only way to solve housing and help slow or stop foreclosures is thru Job growth. If people have jobs, they will pay for and buy homes. If not then we have an issue. I would give tax credits to businesses who hire new employees. Solving the mark to market problems will free up liquidity and allow banks to lend $ to businesses to grow and hire new workers. If we continue down the path we are right now I believe we will fall deeper into recession...
Financials Rallying , Can the dow gain for 3 straight days? Thankfully I put my $ were my mouth was and threw money at some of the financial stocks earlier in the week. Up almost 20% on the day...
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