[Centurion2000]

Instead of going cold turkey and letting the free market take its course, the administration reportedly has reached an agreement with lenders and mortgage investors to freeze interest rates for a select group of subprime borrowers who made bad, greedy or uninformed decisions.

WTF are a bunch of Republicans doing by screwing with the market?

[golfisnr1]

Hillary recommended this yesterday. It was a bad idea yesterday and the same today.

[JasonC]

Saving their nervous banker friends who screwed the pooch.

The heads of Citicorp, Merrill Lynch, and E*Trade are all history.

Who cares if the sane people who refused nosebleed prices and did not buy into the bubble, get screwed?

Not modern Republicans. So we wreck capital allocation some more, and inflate some more, and pretend everything is peaches.

But it won't make house prices go up. It'll just make them go sideways a while, while the price of everything else goes up (except the dollar).

[Lancey Howard]

WTF are a bunch of Republicans doing by screwing with the market?

This plan is Nixonian.

[Age of Reason]

WTF are a bunch of Republicans doing by screwing with the market?

They trying patch the bubble somehow, to keep up the appearance of a sound economy.