chefdave
Activist
Posts:482
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| 09/05/2008 11:12 PM |
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Isn't this the same guy thats presided over the U.S' biggest property boom in history and allowed the Fed to make a $30billion loan (investment) into JP Morgan when they took over the collapsed Bear Stearns?
I'm sure New Labour would try something like that here if they had the money as its a sure fire vote winner, in fact there is something like this that we've had in place for years where homeowners can get a benefit to pay their mortgage interest after being out of work for 9 months.
Perhaps Bush has less inclination for such measures as unlike Labour he is definately going to be out by the autumn and so can leave clearing up the mess to someone else, probably the Democrats. |
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