Mr. Mortage says: Cancel Debt!

The following is a brilliant analysis and plan, by Mr. Mortgage. The only solution is mortgage principal write-downs, i.e., cancellation of debt! When will our leaders wake up to this? Nationalize the banks and cancel the debt, it is that simple.

http://mrmortgage.ml-implode.com/2008/12/14/mr-mortgage-my-case-for-mortgage-principal-reductions/