How do you spell epic failure? PPIP. Find out why the new Treasury program to buy toxic assets will be single biggest waste of taxpayer dollars in US history...and more importantly won't fix anything!
Anyone ever explained the "Multiplier Effect" to you? Find out how it works and a simple suggestion for how it might be better employed by Congress
Total actual mortgage losses in the US will come in around $150B to $300B. So why is there $1.4 Trillion in "toxic mortgage debt"? Find out what they aren't telling you, and why another $20 Trillion debacle may be on the way...