[rockinqsranch]

"The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac American Taxpayer ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said."

There, I fixed it to reflect the truth.

[richardtavor]

“Officials are also discussing how fresh legislation from Congress could buttress their efforts by clearing some accounting and legal hurdles that obstruct loan modifications, the sources said.” So, just do a do-over, cancel the debt, tell the people don’t worry about payment, and we will send you a few thousand to ease your pain...and banks, don’t worry about consequences—we are the government, we can do whatever the hell we want...