Comments on: Obama Says Beware of Evil Republicans but Seeks to Deprive Americans of their Dream Homes

By: Lori

Lori — Sun, 30 Mar 2008 02:43:19 +0000

"By meddling, he’s keeping people from buying homes while at the same time rewarding stupid and irresponsible behavior. It’s a nice two-fer for the progressives."

Don't forget the income redistribution aspect of the Obama-nomics….so really, that makes it a 3-fer for the socialists!

By: Jimmie

Jimmie — Sat, 29 Mar 2008 10:09:54 +0000

No, HIIJM, I'm applying basic economics to the situation. When the government bails out the lenders and mortgage holders, the prices of homes will stay high. Those high prices will keep moderate and low-income people out of the housing market because they won't be able to afford houses at the higher prices.

If Obama kept his hands off, housing prices would drop and people who couldn't otherwise buy them would do so. By meddling, he's keeping people from buying homes while at the same time rewarding stupid and irresponsible behavior. It's a nice two-fer for the progressives.

Economics 101.

By: How Insane Is John M

How Insane Is John M — Fri, 28 Mar 2008 20:01:07 +0000

This is a hilarious post. How exactly are you concluding that Obama doesn't want people to own homes?

Oh. Right. You're just pulling it out of your ass.

By: Jimmie

Jimmie — Fri, 28 Mar 2008 12:26:54 +0000

Well, in Obama's world, "being on your own" means being abandoned and bereft of the mothering bosoms of government.

Guy needs his Mommy, don't you know. His Grandmother, not so much these days, but Big Momma Government, sure!

By: Jewells

Jewells — Fri, 28 Mar 2008 11:58:37 +0000

What's so wrong with being on your own? I kind of like "being on my own".

By: Jimmie

Jimmie — Fri, 28 Mar 2008 09:59:34 +0000

Crud, you're right. I got my progressives mixed up. Let me fix that.

By: Martin

Martin — Fri, 28 Mar 2008 09:12:33 +0000

While Wilson was plenty problematic the "New Deal" was FDR.