According to a Reuters article, two key parts of Clinton's plan are:
1. Set up a working group on foreclosures to plan restructuring of at-risk mortgages. Clinton suggested that this group be headed by Alan Greenspan, Paul Volker, and Robert Rubin.
2. She would introduce legislation to provide legal protection for mortgage servicers from law suits.
What is wrong with this plan?
For starters, the policies of the three guys she wants to lead the bailout are the reason we have this problem in the first place. Greenspan, especially, is the architect of the Ponzi schemes that brought us the stock market fraud (such as Enron) and the housing bubble with its mortgage meltdown. Greenspan's keeping interest rates artificially low and allowing the banks to run riot when he headed the Fed are a significant part of the scheme to loot America.
A second key element of her plan, to pass legislation to prevent lawsuits against mortgage servicers, sounds a lot, in its intent, like the legislation Bush wants to pass to provide retroactive immunity to the telecomms for their illegal spying on Americans.
Summary of Clinton plan: Put the foxes in charge of the hen house and provide protection for the thieves.
link:
http://www.reuters.com/article/politicsNews/idUSN2433247520080324?virtualBrandChannel=10112&sp=true