So assuming Bush is JUST going to bail out the 1.8 million foreclosures in Oct who is going to pay? Who is going to take the $ hit in the mortgage rate spread. 1.8 million mortgages subsidized at $350/month for 60 months is $3.8 TRILLION that someone has to make good on either as payment or lost income. If there are 1.8 million foreclosures in October how many are they going to over the next year?

I guess they can always crank up those printing presses a little more and see what happens to the $US and the price of gold.