[lysie]

It would use up to $14 billion of what remains of the $700 billion bailout to let borrowers refinance up to 115 percent of the value of the homes they live in.

Ack!

[Chairman_December_19th_Society]

We know you're underwater so we are going to help you by...

...allowing you to restart underwater.

Obviously their math is a product of recent public education. [But that's ok, they're lowering those standards too - can't have little Johnny actually be able to calculate how badly he's being screwed or to read someone else's analysis!]