The Washington Independent

Posts Tagged housing plan

The Tea Party Revolt and the Politics of Ignorance

By | 02.26.09 | 9:44 am

As Dave Weigel notes, the Tea Party movement to protest the mortgage rescue plan and other government bailouts rolls on, with a planned rally Friday in front of the White House. The revolt over bailouts got a big boost last week with the televised rant by CNBC’s Rick More…

Housing Questions Go Unaddressed in Obama Speech

By | 02.25.09 | 9:04 am

President Obama’s widely praised speech last night laid out the goals of his new housing plan and emphasized the government will help responsible homeowners. But it still left a lot of concerns unanswered, says Sean O’Toole, president of ForeclosureRadar.com, a California firm that tracks foreclosure data. Via More…

The Moral Hazards of Blaming Homeowners

By | 02.23.09 | 2:29 pm

Andrew Sullivan takes a shot at the Obama administration’s plan to help homeowners, noting that he’s diligently paid three mortgages and now is expected to bail out people who gave in to “greed, wishful thinking, and recklessness.”  His comments follow on the heels of the now-famous Rick Santelli More…