Pubs trying to outlib the Dems ? - Mercedes-Benz Forum

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post #1 of 1 (permalink) Old 02-02-2009, 10:43 PM Thread Starter
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Pubs trying to outlib the Dems ?

Now, the lib Dems can't just sit on their hands and not top that offering to the middle class.
At this rate, why don't the feds go all the way to the big zero : zero interest rate and zero taxes ?

Republicans want mortgage relief, larger tax cuts - Yahoo! News
Officials said the GOP was coalescing behind a proposal designed to give banks an incentive to make loans at rates currently estimated at 4 percent to 4.5 percent. Fannie Mae and Freddie Mac, which were seized by the federal government in September, would be required to purchase the mortgages once banks have made them to consumers.

Officials said loans to credit-worthy borrowers on primary residences with a mortgage of up to $625,000 would qualify, including those seeking to refinance their current loans.
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