It goes without saying that Obama's housing plan, which he unveiled yesterday, is pure lunacy. If you haven't seen CNBC's Rick Santelli mock the plan, its a must see. Here is the link: http://www.cnbc.com/id/15840232?video=1039849853.
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Karl Rove's excellent piece in today's Wall Street Journal gives more details to the issue I raised last night, in that appears that this White House is operating from the seat of its pants.