They Don't Know Up From Down

NEW YORK - Home prices rise for the third straight month, signaling a housing recovery is taking hold. (El Lay Times)

"This is good news for homeowners underwater due to the Bush economy,"  said Congressman Barney Frank. 

Obama administration official Angela Marks agreed.  "Higher home prices are key to keeping people in their homes despite the irresponsible decisions they have made." 

Borrowing against the increasing value of ones home is seen by the US government as key to restoring consumer spending to it's rampant pre-recession levels.

Congress Tries to make home ownership more affordable

Congress has also announced the continuation of it's blue ribbon program to lower home prices, making home ownership available to the poor and unemployed. 

"This will be a real economic boon to the economy, and it is the socially responsible thing to do," said Princeton economist and Nobel Laureate Paul Krugman. "To each according to his need, from each according to his means"

 Economically ignorant people should keep their hands off of the economy...

El Lay Times