The second thing I would do is to give a tax credit for health care ( in addition to the mortgage interest deduction) to anyone paying a mortgage, for so long as they continue to pay the mortgage, again, another step toward universal health care for another segment, plus gives huge incentive to NOT file bankruptcy..
I would also defer or eliminate taxes on the interest banks earn on mortgages, so long as the interest rate was under 6%; this would encourage those predatory lenders to wise up and perhaps encourage investors to buy those mortgages at new rates
COVER STORY
The crisis has forced the United States to confront bad habits developed over the past few decades. If we can kick those habits, today's pain will translate into gains.










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