Barack Obama Protecting the Stupid People From Themselves
I was reading about Senator Obama’s economic policy and once again something jumped out at me.
*Protecting Homeowners: Obama has proposed a fund to offer direct relief to victims of mortgage fraud and would ease the burden on struggling homeowners by offering a tax credit to low- and middle-income Americans that would cover ten percent of their mortgage interest payment every year.
I can sort of see offering some relief to those who have been the victims of fraud, but really, the people struggling to pay their mortgage? Can Senator Obama be any more of a pimp? If a person makes a bad decision why should those who don’t make bad decisions be punished? Also, by reducing the costs of bad decision making, you are implicitly encouraging more bad decision making.
This “point” in Senator Obama’s economic policy is nothing other than pure pandering.