“Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.
Is she nuts!”
Of course she is going to do this A YEAR FROM NOW!! Big help that would be.
Do you have any idea how financial markets work? Do you realize just what it means for the government to declare what interest rates are going to be? Do you understand how amazingly stupid it would be to have “stable” interest rates? Do you have any clue how much permanent damage stopping foreclosures would do to the housing market?
All free economies to survive require some failures. Foreclosures are good and necesary.
who will pay for the free rent for three months?
Does she, a lawyer, even realize this is a government taking of private property for those three months that must be compensated?
HILLARY IS A MASSIVE SOCIALIST.