> Slightly more decent then the average bureaucratic numskulls?
I am not even prepared to give her that much. Purchasing defaulted mortgages by the government is a terrible idea. It was terrible when McCain proposed it and it is terrible today. Who will price these assets? Who picks which assets get bought? What will the government do with these assets and with the people who reside in the property and do not pay mortgages? This is an inane idea and it says nothing good about the Republicans who propose it.