"I Don't Care", David Henderson | EconLog | Library of Economics and Liberty: "That's the message President Obama is sending to those who have saved their money and waited on the sidelines to buy a house. One intended effect of his mortgage bailout plan is to support housing prices and the unintended effect of this is to make it harder for those who want to buy homes."
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I don't know who cares about whom, but people who don't own homes yet and have been waiting for prices to fall lower may be disappointed. However, I suppose those who said "screw it" and just lied about their income to qualify will be ecstatic.
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