March 26, 2008

Matter of the house

Interesting to juxtapose the two New York Times articles I read today about responses to the mortgage crisis.

There's John McCain basically saying, to lenders and borrowers: Too bad. Your mistake. Not the government's problem.

And there's a local agency in Baltimore that's actively finding homeowners who might be having trouble making their payments and helping them stay out of foreclosure.

These aren't necessarily opposing views, of course. The agency isn't a government body, and so it might even be the kind of solution McCain would favor. But meantime, he comes off sounding like he'd be happy to sit in the White House burning $100 bills while the nation plunged into Great Depression II, if that's what it came to.

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