Beltway Business as Usual

Did anyone notice the politicos in the beltway smiling and back slapping each other after they passed that 700+ billion dollar salvage bill for the investment and banking industries? What are the odds that in two years Congress will be back seeking more money? They will hold hearings, grill executives in the private sector and vilify the free market economy. But not once will they question the wisdom of a reckless and subsidized home ownership program that allows people to purchase homes thay can afford only for the first couple years. Realtors may cry foul but I believe one prudent thing to do is require prospective home purchasers to shoulder a larger portion of the purchase price. This way homeowners will think long and hard before walking away from their investment.