Bad Mortgages

Ouch! McCain's Housing Solution Is a Gift from Taxpayers to Banks

Jared Bernstein and Gene Sperling | Posted 11.08.2008 | Politics


Jared Bernstein and Gene Sperling

That's right folks -- it's private profits and social losses. Instead of an effort to safeguard us, this plan takes from taxpayers to provide unjustifiable subsidies to financial institutions.