Our Socialist President is Back at Work

More on this later but in case you hadn't heard.

Bush will let the Federal Housing Administration, which insures mortgages for low- and middle-income borrowers, guarantee loans for delinquent borrowers, allowing them to avoid foreclosure and refinance at more favorable rates.

The change would affect borrowers who are at least 90 days behind in payments and let them stay in their homes, the administration official said.

I am an idiot, I didn't look at the papers I am signing, I am making a small salary but my covetous eyes want the big house down the street, (trumpets sounding) no fear the government will bail you out and make sure you can stay in your home even if you cannot afford it. In fact, want the yacht you neighbor has or your Corolla is not good enough but a Hummer would work, sureeeeee we will make sure you do not lose those things either if you borrow and cannot afford them. Will just take money from those acting responsibly and give it to you.

Unbelievable.