Mortgage Crisis Solution
As Mr. Bush says for his legacy, Storm clouds over the economy because of the mortgage crisis.
News:
And finally there's the economy, which is also a mixed bag. Bush sounded upbeat by saying "the fundamentals are strong, that we've had strong growth for a reason: that we're competitive, we got flexible workplace, that we kept taxes low, exports are up."
But the president also recently admitted there are "storm clouds" over the economy, especially the mortgage crisis. It's stating the obvious that more anxiety in the financial markets -- or dare I say a recession -- will be another key to the Bush legacy. ( record by : CNN ).
From my experience, people can solve this mortgage problem with prepared a cash equal as the loans or money they take from the bank ( pay your detb with or from your saving account ), and they tell the bank to make a hair cut for the interest. So finish, That is the win win solution for both side, the bank have their money back and their customer still have their own house or property.
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