Reinflating the bubble

President Obama wants to bail out real-estate speculators. If there’s anyone less worthy of a bailout, I can hardly think of who it might be.

Oh, and it turns out that if Obama decides to bail someone out, he can go right ahead and do it: the bailout starts in May. It seems that we’ve gotten that whole pesky legislative branch out of the way. (Will we hear belly-aching from the left about the “unitary executive” now? Rhetorical question.)

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