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4th June 2008, 21:10
MORTGAGE CRISIS - An anarchist's perspective ---- Commentators complain of "partisanship" in Washington. Society's problems are said to result from infighting between parties. We should celebrate, then, because Democrats and Republicans have agreed on a plan to end the mortgage crisis. What solution do they offer? Hand-outs to Big Business, and "fiscal discipline" for the rest. The Senate plans to extend an existing tax break for home-builders. The details are technical, the language obscure, but the intent is clear. Giant construction companies will get government relief. ---- Meanwhile, what sort of relief can homeowners facing bankruptcy expect? Government payouts? Perhaps new laws ...
More... (http://www.ainfos.ca/en/ainfos20943.html)
More... (http://www.ainfos.ca/en/ainfos20943.html)