Forum (Forum & Focus)
Oct. 8, 2008
Pre-emption, Post-Bailout
What can the government do to help ordinary homeowners and their communities? Use eminent domain, writes Lauren E. Willis.
FORUM COLUMN
By Lauren E. Willis Now that Congress has granted the Treasury Department up to $700 billion to stabilize Wall Street, what about Main Street? Infusing cash into Wall Street will ease credit, which will help some homeowners sell homes and other families buy them. But it will not eliminate America's mortgage debt overhang, staunch foreclosures or restore stability on Main Street. What can the government do to help ordinary homeowners a...
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