The President’s Bold Jobs Bill (Maybe)


The President’s Bold Jobs Bill (Maybe), yet another good one from Robert Reich. Of his ten suggestions, here are three I particularly like:

3. Create an infrastructure bank authorized to borrow $300 billion a year to repair and upgrade the nation’s roads, bridges, ports, airports, school buildings, and water and sewer systems.

4. Amend bankruptcy laws to allow distressed homeowners to declare bankruptcy on their primary residence, so they can reorganize their mortgage loans.

5. Allow distressed homeowners to sell a portion of their mortgages to the FHA, which would take a proportionate share of any upside gains when the homes are sold.

These article are  like Lay’s Potato Chips, I can’t choose just one.

 

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