Wednesday, January 25, 2012


We are pleased that others watched the moving lips of the Teleprompter's SOTU.  From the AEI blogI told you so. This was the housing policy bombshell from President Barack Obama’s State of the Union address:
And while Government can’t fix the problem on its own, responsible homeowners shouldn’t have to sit and wait for the housing market to hit bottom to get some relief. That’s why I’m sending this Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low interest rates. No more red tape. No more runaround from the banks. A small fee on the largest financial institutions will ensure that it won’t add to the deficit, and will give banks that were rescued by taxpayers a chance to repay a deficit of trust.

His lips are moving, so it must be doublespeak.  Such a gentle spirit, with a soft, patronizing tone, "shouldn't have to sit and wait".  Will he be tossing the Palantir in a rage anytime soon as the electorate says "We did not give you leave to go"?  And demand that he get out.  

No comments: