A key step to avert foreclosures - Column by Rob Schofield, NC Policy Watch in the Raleigh News and Observer

In Washington the foreclosure debate divides roughly into two camps: those who favor strong and immediate action to quarantine the virus and those who want to complain about it, but whose main recommendation is to rely upon the "natural" rules of the market to address it.

The quarantine camp is led by some thoughtful and courageous lawmakers such as North Carolina Rep. Brad Miller. They are championing legislation supported by the president that would allow the use of some strong and simple medicine.

March 14, 2009 Column by Rob Schofield, director of research at N.C. Policy Watch in the Raleigh News and Observer