Subprime mortgages would be halved.
Those that have paid for their assets would be given double their value up to an amount equal to the value of a median priced home in their area, rewarded for weathering the storm as it were, except if they own way more than a median priced home!
Now you would have people with managable debt and some people who have assets they paid for in the middle class that have something to show for their diligent efforts!
This is my way of bailing out America! Obama, you listening to/reading this?
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