[Chairman_December_19th_Society]

Yet another Communist cramdown from the we know better than you crowd:

BAC, under pressure from the Obamination, says that by writing down the principal in some home loans, the housing market can be stabilized by keeping more Americans in their homes.

WRONG!

Doesn't anyone understand basic economics anymore?

The housing market will be stabilized by getting people back to work in meaningful jobs!!

NOT by forcing banks to become housing charities.

[NewsBee]

The “hits” just keep coming, don’t they?

[LBKQ]

BINGO!
(#265)