![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwZ1DjrdPjAZO9Uc61IneJ5PB3WdfS2fwEAMQ6l8UXyq4bwFKNKJvkFs62dhl0cGaTSQquzQY16aZfzjHEcU4Cr_j6RT20M5U8uiU1-OhzXKLUE4hpEk34LpZjCz0cpEjSF5aw/s400/BillGross.jpg)
I'm not one to theorize in conspiracies much, but when I read this I had to wonder:
Get with it Mr. President and Mr. Treasury Secretary. This is your moment to one-up Barney Frank and the Democrats. Reestablish not the RFC or the RTC, but create an RMC – Reconstruction Mortgage Corporation. If not, make some modifications in the existing FHA program, long discarded as ineffective. Write some checks, bail ‘em out, prevent a destructive housing deflation that Ben Bernanke is unable to do. After all “W”, you’re “the Decider,” aren’t you?See, if there is a fiscal (Treasury) rather than a monetary (Fed) response, then Bill will not take yet another punch in his bond funds, as interest rates would fall with a Fed cut.
Is it any wonder that he is asking Bush to bailout homeowners, in lieu of a Fed cut of interest rates? I'm not sure who's slimier, Gross or this guy:
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