How not to solve the problem

Hillary Rodham Clinton:

We should also put in place a temporary moratorium on foreclosures and freeze rate hikes in adjustable-rate mortgages. We’ve got to stem the tide of failing mortgages and give the markets time to recover. . . .
If we do not take action to address the crisis facing borrowers, we’ll never solve the crisis facing lenders.

Moron. Let’s go through this, shall we?

Q. “Failing mortgages” are caused by . . . what?
A. People not making their payments.

So Hillary’s answer is to let people stay in “their” houses, even though they’re not making the payments? What she is actually saying is that the federal government should give people houses.

By Hillary’s reckoning, people who swindled banks by signing mortgages they couldn’t pay are victims. The moral calculus of liberalism therefore justifies fraud.

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