Ok, one tiny comment.

The government's plan to bail out the approximately 1.8 million homeowners who "qualify" for bailout (must have an adjustable rate mortgage that resets between now and 2008, must be current - no later than one month late, and must be able to pay their current loan) is an interesting solution.

Wait, did I say solution?

I mean band aid.

So we've done the right thing by working with the mortgage industry at large and gotten them to freeze those jacked up rates. That's good. Woohoo.

How about addressing the predatory lending practices that brought this about in the first place, eh? Why are these kind of loans still legal?