I happen to believe that very, very significant savings can be achieved that way.
If my roof has a hole in it and the rain comes in, the sooner I fix that, the less my family's long-term cost of that repair.
I could not agree with you more, and I think that we have a window of time... The fiscal knives do not have to come out in the kind of emerg...
It applies to every single type of debt, including debts that the banks hold, except for one kind, and that is the poor residential mortgage...
But don't we have, in effect, a capital liability to fix that bridge, that if we were accounting in a full kind of all-in way, we would reco...
The personal cost of these foreclosures really comes home to roost on people in ways that are agonizing.
Although the efficiency of the American bankruptcy system has been one of the great assets of our economy.
Medicare is the big item, to quote you, Dr. Johnson.
The stories are just appalling.
It would be a human tragedy to do so, and we can avoid it if we are responsible about delivery system reform in the time that we now have.
Like Ronald Reagan, I intend to trust but verify.