Monday, September 28, 2009

Keeping The Party Going

Obviously I'm a bit more interested in programs which will ultimately help low income people than other ones, but I still worry that the basic thinking is that once the housing party gets going again everything will be ok.

WASHINGTON -- The Obama administration is close to committing as much as $35 billion to help beleaguered state and local housing agencies continue to provide mortgages to low- and moderate-income families, according to administration officials.


Certainly much better than giving it to the banksters!