In my book,Voting down socialism is a good thing. But I think this thing will come out repackaged until it is voted on and passed; hopefully in the meantime the overpriced securities will have been deflated and the dollar actually becomes worth something again.
It's about time these unscrupulous lenders are finally seeing a day of reckoning suckering people into taking out loans they can never repay; and its a good thing for people to actually have to save up for what they want to buy; this will stop the credit spending insanity that has been ingrained into a large part of the American public as an birth-right entitlement.
Everything I read says cash will be king ,queen, princess and and duke.
But I dont know nuthin.