Yes it is all fine to prognosticate what would have been done and should have been done. The problem is the golden rule. Those that have the gold rule. For those of you who think this is the end of the little tricks they will play and that the taxpayers will no longer tolerate subsidies, I hate to say it but you are pulling the same ostrich with your head in the sand that illogical sellers did when the market started to deteriorate. What those in power are doing is not right. However they do not have an objective to make things right, to promote a free market, or to provide an affordable home for a San Diego citizen. They have an objective to continue to make money and continue to stay in power. Unfortunately this is orthogonal to your objective. It is not a good time to buy or a bad time to buy. However it is a good time to realize where you stand in the overall order of things and plan accordingly. It will be credit or lack there of that brings the house of cards down. The problem is that there are alot of cards still left in the deck.