Since Jim laid out some of the proposals for addressing the mortgage problem, I thought I'd put in my two cents worth.Now, let me say that I don't have an answer. But it seems to me one of the most illuminating posts on the subject was Yves Smith's typology of perspectives (without necessarily agreeing with the policy prescriptions). For conciseness' sake, I'll appropriate the WSJ Real Time Economics Blog summary:1. Do Whatever It Takes. Smith says James Cramer is the "most extreme and...