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Not Missing Out This Time

President Obama is going to make me rich.
That’s because the Obama administration, which has done everything in the government’s power to hamper economic growth, just loosened lending standards so that people with poor credit can buy homes.
Why not? It worked out well for some people the last time the government loosened lending standards.
“The Obama administration and federal regulators are reversing course on some of the biggest post-crisis efforts to tighten mortgage-lending standards amid concern they could snuff out the fledgling housing rebound and dent the economic recovery,” reports The Wall Street Journal.
Dent the economic ...

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