[Hydroshock]

No I do not want them to be cruel to people, but I also do not want to run up the deficit and institute unsound monitary policy to bail out the people or the mortgage industry. Besides inflationis teh greater worry.

[Moonman62]

During most of the housing boom the deficit was getting smaller. And you really should talk to Congrees about spending and send W a veto pen. You are clueless on monetary policy and fighting inflation, which means you are qualified to be on the FOMC if you get your PhD.

Your proclamation that you don't want to hurt and punish people is unconvincing.