THOUSANDS OF FREE BLOGGER TEMPLATES

LLR Pages

Tuesday, July 24, 2007

Six States Considering Federal Bailout for Hisk-Risk Homeowners

According to Fox News.com (and I even saw the interview in which Neil Cavuto conducted with State Senator Liz Krueger, a Democrat from New York), six states are now pondering a federal bailout for high risk homeowners.

Krueger, when asked by Cavuto whether this was really a bail-out, went so far as to say that it was not a bail-out, but rather "an investment in mortgages that will get repaid to the government." Gee, what a nice play on words there, Senator!

(Thanks to the staff at Fox News.com for this rushed transcipt.)

0 comments: