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Loan Modification

: Mortgage Lender Implode-o-Meter

Debt ceiling: Geithner won't let us default

By Implode-Explode Heavy Industries

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``Geithner is correct that the debt limit must increase. With monthly deficits running more than $100 billion, it's simply unthinkable that Congress could cut spending or increase revenue enough to avoid borrowing more. America's daunting fiscal challenges require bold action, but it must be thoughtful and deliberate, not arbitrary and sudden.''

Full post as published by Mortgage Lender Implode-o-Meter on January 20, 2011 (boomark / email).

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