Posts Tagged ‘mortgage crisis’
Views on News • February 24th, 2009
Selling the stimulus
by Chris Lato
This is the point where government bailouts are entering some dangerous territory. For example, in Houston they’re considering paying some of the bills for potential first-time home buyers to help improve their credit scores. President Obama is offering a mortgage bailout plan that critics say crosses the line from needed relief to rewarding bad individual economic decisions and irresponsibility.
Tonight, the president will speak to Congress and the American people and address what he’s done so far and what he’s still looking to do. The basic template will likely include: Bush got us into this mess; more pain is coming; and, we’ll get out of it.
Recent Comments:
- Matt: No one says roll over. What we say is have some manners. You might want to stop with the hangings in effigy and...
- Greg: “Gov. Doyle may be stinging from the criticism of the tax credits…” The governor wasn’t...
- Todd Lohenry: Hey, Chris! How about cross posting on http://rightsideofwisconsin.co m? See...
- dan: I think history will show Bush to be both worse and better than how we view him. As documents become...
- Clay Simchick: Scott, I asked for the same report you are offering to Chris, yet your response to my request was to...
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