What if instead they were given 'a line of equity' that would 'compensate' them for their losses to be paid back over a period of time?
What if the 'line of credit' given to them 'made up the difference' between the difference in the VALUE of a home that was being abandoned because it was no longer worth what the homeowner paid for it?
What if the banks STILL held a mortgage to the 'devalued'' properties?
What if what occurred was a 'readjustment' of the home's value?
THEN 're-mortgaqge the home at its new value?
AND all the owners stayed in their homes and began to make payments on the home's NEW VALUE?
Would the economy of the USA still be intact?
Would the value of homes stabilize?
Would the investment banks still be around?
Would they be raking in billions of profits every quarter from their new speculation?
Would their CEOs be receiving their bonuses as their company's assets were 'revalued' as the debt for the OVER SPECULATION was now payable to the USA Treasury over time?
And, would they have 'paid back' the monies as soon as their new speculation 'paid off?'
