On the recordMarch 16, 2011
On this Richardson amendment, it's interesting because I always like amendments that are trying to do something technical. But where I'm finding actually sort of a problem in the flow of logic is--think about this: We have a neighborhood stabilization program down to its last billion dollars, we've already spent what, 6 billion? And the concept written in this amendment is saying that, well, it's going to keep acquiring one, two, three to four units, fourplexes, properties, and it's going to keep acquiring them until a certain number of mortgages are--only this percentage are underwater, or the mortgage value is greater than the value of the house. Does that seem like I'm going in the right direction?
