The banks destroyed the economy in 2008 when they chased those speculators with bundled mortgage backed bonds. Selling those bonds to the homeowners will give them the benefit of a new retirement instrument to supplement Social Security. Housing will function again as a normal market. The demand for construction workers, 7 million jobs, will get us out of the bank induced economic depression. Everybody wins. Mortgage Interest rates will stay low because the bond yields will be 1.75%. Homeowners will essentially be lending to fellow homeowners, no banker interest rates to mess up the economy again. This should have been done decades ago.



