IGx Economists, Despair!

[johno]

The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.

http://www.washingtonpost.com/business/ ... tid=pm_pop

Here we go again.

[nafod]

The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.

http://www.washingtonpost.com/business/ ... tid=pm_pop

Here we go again.

Party like it's 1999?

WTF?

[Kazuya Mishima]

Translation: We're going to funnel tax money and private sector capital to white deadbeats and ignorant niggers.

[Pinky]

Why despair? Laughter, ridicule and contempt are all better responses.

[WildGorillaMan]

What could possibly go wrong?

[TerryB]

This worked out pretty well for property buyers overall, as long as you could afford what you bought. Those of you who can't? Well, prepare to get screwed again in about a decade. In teh meantime, I'm reeeeyich beeeyich!