After denying they had anything to do with the financial meltdown, Congress is at it again. As one of their vaunted committee chairmen likes to put it, “rolling the dice” for the good of the public.
Once again seeing to it that folks who cannot afford to own a house are able to buy one. Getting tax credits up front and provisions to buy homes with practically nothing down. In no time, in 2010 and beyond, they will join the rest of the rising numbers of homeowners in default.
Will left-leaning, vote-seeking, politicos never learn? Why should they?
The media will repeat that the villains once more will be the “greedy” banks and mortgage brokers whose jobs depend on carrying out government edicts.
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