Thursday, February 19, 2009

A Wing And A Prayer

That seems to be the modus operandi of the new administration. Obama now wants to spend at least $75 billion on saving homeowners from foreclosure. Some reports indicate that this amount could be backed up by another $200 billion, but to listen to Vice President Biden's chief economic advisor, Jared Bernstein explain it, it sounds even more like no one in the administration has a clear strategy and that they are making it up as they go.

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