Amidst housing prices in free fall and the rising tide of foreclosures, Washington is on the brink of yet another policy disaster. And the one man who has shown clarity and restraint is beginning to crumble.
For the last two months, proposals to bailout the subprime mortgage market have become the new political football in the upcoming presidential election.
As a result, we are in danger of ignoring the moral imperative which lead people into this mess in the first place.
Continue reading ‘Will the real John McCain please stand up?’
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