Obama’s unwelcome mat

posted by
January 30, 2012
Cato Institute
by Mark A. Calabria  
Posted in Commentary

"In his State of the Union address, President Obama let us know that he will be 'sending this Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low interest rates.' What he failed to tell us is that such a push would do nothing to turn around either the housing market or the broader economy." (01/26/12)

http://www.cato.org/pub_display.php?pub_id=14051  

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