Mr. Obama apparently wants the feds to unilaterally rewrite contracts based on something as undefinable as "good faith." At the same time, he is repeating his proposal to change the bankruptcy code so judges can unilaterally rewrite mortgage contracts as well. All of this would make credit less available to working families in the future.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, October 16, 2008
Wasn't Barack Obama a practicing attorney and law professor?
This implies to me that he wasn't very good in the legal profession:
Labels:
economic policy,
law
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment