Bush following Advice of Gross
Bush is stepping in to help those that need it. Basically this is helping those that need it, but it is also bailing out the greedy mortgage brokers that pushed these things on to people that did not know better.
The critics to the bail out do not like the fact that it is helping the mortgage companies that sold the mortgages, but the market is already punishing those companies as are investors.
I do think Bush is doing the right things at the people level, so that those people affected can save their homes. And as per the futures, the markets agree this is a good thing.
