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Op-Ed Contributors - Matters of Principal

Greg Mankiw's Blog found this 3/5/2009 on nytimes.com

TO stanch the hemorrhage of foreclosures, we don’t need another bailout. What we need is a fix — and the wisdom to see what is in our own self-interest. An avalanche of foreclosures is coming — as many as eight million in the next several years. The plan announced by the White House will not ...