Congress calls for "mortgage czar"

[medbiller777]

WASHINGTON/LONDON (Reuters) - Lawmakers called on Wednesday for a 'mortgage czar' to help cope with an expected wave of foreclosures from the U.S. housing slump but Alan Greenspan said the credit crunch was past the worst.
U.S. mortgage delinquencies have soared in recent months and about 1.7 million home loans will go into foreclosure this year and next, according to Moody's Economy.com.

http://www.reuters.com/article/businessNews/idUSL2685317120071003?feedType=RSS&feedName=businessNews&rpc=23&sp=true

Well I know I would feel soooo much better with a government czar in charge.:mazy Wouldn't you?

[Beeferoni]

http://www.reuters.com/article/businessNews/idUSL2685317120071003?feedType=RSS&feedName=businessNews&rpc=23&sp=true

Well I know I would feel soooo much better with a government czar in charge.:mazy Wouldn't you?
It's the free market which has got us into this mess...

[RobertB]

It's the free market which has got us into this mess...

Actually not the free market, but greed. Greed/dishonesty was the motivation and driving force and the market was the vehicle used.

[The Learner]

I want a czar whose job is to fire all of the czars.