Site for Free Markets and Free People

Monday, November 30, 2009

Who Says Obamanomics Isn't Working?

I think Obama's policies are working precisely as planned. The number of Americans on food stamps are soaring and Obama officials said that another "15, 16 million could benefit."

That would mean 50 million loyal Democrats, dependent upon Obama and Pelosi for their survival. And of course, they are trying to coerce mortgage companies and banks to rip up mortgage contracts and re-write them as well, whether or not it is a sound business decision.

Meanwhile, some judges are simply eliminating mortgage balances for borrowers with a stroke of the pen.