Friday, February 15, 2008
Clinton's Rate Freeze
I really don't understand the obsession with keeping people in a house that they plain can't afford and never could, regardless of whether they went into it with eyes wide open or were swindled. For the latter, if you want to do something and we really should, staff up DOJ's fraud division. But I tend to think that for most the issue of foreclosure was simply a matter of people trying to make money quick or buying more house than they could afford at the time but were banking on rising home prices.