George W. Bush
„I support action at the federal level that will help more families keep their homes,“ Bush said in his weekly radio address. „It is not the government’s job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.“
[…] More than 2 million Americans will lose their homes as introductory interest rates on mortgages reset to higher levels in coming months, according to the center.
„The Federal government is working to make the mortgage industry more transparent and more reliable and more fair, so we can reduce the likelihood that homeowners will face similar problems in the future.“
Quelle: Bush Says He Wants to Help Homeowners, Not Mortgage Lenders
Ben Bernanke
„The Federal Reserve stands ready to take additional actions as needed to provide liquidity and promote the orderly functioning of markets,“ Bernanke said. He also made clear he won’t rescue investors from bad decisions.
[…] „It is not the responsibility of the Federal Reserve — nor would it be appropriate — to protect lenders and investors from the consequences of their financial decisions,“ Bernanke said. „But the developments in financial markets can have broad economic effects felt by many outside the markets, and the Federal Reserve must take those effects into account.“
Quelle: Bernanke Says Fed Prepared to `Act‘ to Stem Credit-Rout Impact
