The President is in Phoenix today. The plan is to give(divide) $75 billion to 9 million homeowners to keep them in their homes. The nifty part of the giveaway is these homeowners received mortgages they shouldn't have received since there is not chance in Boone, Iowa that they would ever have the possibility of paying down on the mortgage. The people who are paying their mortgages but have seen the value of their homes decline to possibly half get nothing. But that's okay. They'll get it someday, maybe.
The beauty of the giveaway is that the stupid people (or cunning) get bailed out. Rush chimes in with, "why not just give these 9 million homeowners one million dollars?". Of course, the the current administration would have to explain what happened to the other $74,000,000,991.
What a country!
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