Dave Ramsey’s plan on the bailout
Sep 23rd, 2008 by brianschettler
Dave has a plan for the bailout. It’s almost an 8 minute audio clip, but very interesting. He’s saying we can change a law that lets these mortgages become marketable again…the “mark to market” law in Sorbanes Oxley, I believe. The government can insure these mortgages and that lets them become saleable again. It’d be about a 95% savings over the $700B loan plan. Sounds good to me.