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Assumption: This débâcle will wind up costing three trillion dollars. This is enough money to provide a $100,000 mortgage to 30 million people ---- one-tenth of the American population ---- far more than than the number of people who will default on their mortgages in the present circumstances.
Could this money have been spent more wisely giving $100,000 to needy people buying houses, rather than making fat-cats yet more obese?