Spending money like crazy…
Posted by americandust on February 19, 2009
Celebrity-turned-President Barrack Obama just spent more money to lower the interest rates (slightly) for people who were dumb enough to get a mortguage they could never pay back then we spent on World War One. Twice as much money in fact.
And 40% of those it is trying to help would still not be able to afford their house if their interest rate was 2%… so how much you think this will help? And how much is it a token attempt to look like he cares?