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Home Underwater? Walk Away from Geithner's Perverse 'Homeowner Relief' Plan

The plan to supposedly aid homeowners drowning in debt adopted by Obama and Treasury Secretary Timothy Geithner is just a money trough for the banks.

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But if our politicians won't go to bat for you, you can always just walk away.

Zach Carter is an economics editor at AlterNet. He writes a weekly blog on the economy for the Media Consortium and his work has appeared in the Nation, Mother Jones, the American Prospect and Salon.