Homeowner Mortgage Rescue Plan: Unanswered Questions

Lots of people are upset about the $75 billion that President (“watch me sink the markets”) Obama wants to  transfer from responsible homeowners and taxpayers to “at-risk” homeowners.

I haven’t yet solidified all of my feelings about it, but they are mostly negative.  My thoughts range from “what did you expect” to “mildly annoyed” to “let’s put signs up in the yards of everyone who is bailed out.”  Where my feelings end up will depend in large part on the answers to these questions:

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