Cheney On Housing Crisis: "We Don't Want To Interfere With The Basic, Fundamental Working Of The Markets"

Cheney On Housing Crisis: "We Don't Want To Interfere With The Basic, Fundamental Working Of The Markets"

You might imagine that Dick Cheney, a well-known worrier, would be thinking dark thoughts about the economy.

Home-loan foreclosures are on the rise, banks are writing off billions, the dollar has become the butt of jokes, and bearish economists are invoking the "R" word. But that's not what has the Vice President worried.

In fact, when he looks at the subprime mortgage catastrophe that's at the root of most of the economy's troubles, he's more concerned about Washington's impulse to fix it - a view that sets him slightly apart from his Treasury Secretary and firmly at odds with well-meaning Democrats on Capitol Hill.

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