Tuesday, April 29, 2008

Robert A. Levy on Subprime Precedent on National Review Online

What ever happened to the sanctity of private contracts? Consider the bill now pending in Congress that would essentially wipe out existing mortgages — allowing their terms to be rewritten for the benefit of troubled homeowners.

Click the title to this post to read an article on this issue titled "Be Judicial in Your Compassion ~ How not to fix the subprime mortgage mess".

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