hillary clinton is fighting the battle al gore never had

...too bad it's 8 years late. Here's Hillary Clinton's take about the housing problems:

[...] a “high-level emergency working group” to devise ways to restructure mortgages at risk of default. And whom might she put on this elite squad? Two people whose track records on mortgages have come in for criticism lately: Alan Greenspan and Robert E. Rubin.

... and now in her own words:

Not only that, but the Fed didn’t act while he was there. But he has a calming influence still to this day on Wall Street — don’t ask me why because I never understand what he’s saying — but nevertheless people respond to that Delphic oracle approach. I think it would be wise to include him. And recently he’s come out, and very smartly so, that we have to deal with housing and maybe we need to have some kind of buyout mechanism for mortgages. So he’s moved on his understanding and depth of the problem — but you know you could pick three others. You just have to have some demonstrable involvement of presidential leadership…

check out the readers' comments, they are well worth it!

No comments:

Blog Archive