On Fire

That was Townhall.Com yesterday.

You can start out with this post from Amanda Carpenter, who has some questions for McCain about his mortgage buyout idea. My favorite of the bunch:

There’s no evidence the housing market has bottomed out yet. What if housing prices drop another 15 or 20 percent after their mortgages are renegotiated and the homeowners are under water again?

Very good question. If the government does it once, why shouldn’t people expect them to do it again?

And after you are dont with that one, you can take in this post by Walter E. Williams

Lessons from the Bailout

In my more cynical moments, I think that we Americans deserve what we get from our politicians, many of whom can be generally described as nothing less than loathsome. You say, “Williams, that’s a pretty heavy putdown.” My question to you is how else would you describe these congressmen who are now blaming the financial mess on the failure of the free market?

That market was about as free as a tiger in a zoo.

Which is an apt description in more ways that one, when you really think about it.

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