Obama’s Homeowner Rescue Bound to Fail?

Now, there is no doubting that Obama’s heart is in the right place. With foreclosures at record highs, the American white picket fence dream is crumbling. And the impulse of any caring President must be to do something, almost anything to keep the dream alive.

But the experience of politicians tinkering with the U.S. housing market is not a happy one. Fannie Mae and Freddie Mac, anyone? …

Read more Homeowner plan to fail?..,.


Source: www.wsj.com