[quote=Allan from Fallbrook]
I’m sure your personal Oracle at Delphi, Mr. Mortgage and the inestimable Mike Shedlock have much to say on the subject, but remember this: They have the luxury of opining from the safety of their offices, while officials the world over have to handle this situation, and in real-time. That’s the telling difference.
[/quote]

This sounds like bleeding-heart liberal bullshit to me. I thought you fashioned yourself as a conservative. The paragraph above is exactly like something Barney Frank would say to justify government intervention in the housing market. Welcome to the dark side!

[quote=Allan from Fallbrook]
Lastly, if all of this is being done for no other reason than to provide political cover for various cronies and evildoers, well, what does that say about your guy, Obama? Wouldn’t that, in essence, make him the biggest conspirator of them all?[/quote]

Yes, Obama is either foolish about economics or a total tool of the establishment. Or maybe both.