Obama Blueprint Deepens Federal Role in Markets:
The Obama administration last night detailed a series of proposals to involve the government more deeply in private markets, from helping to steer borrowers into affordable mortgage loans to imposing new limits on the largest financial companies, in a sweeping effort to curb the kinds of reckless risk-taking that sparked the economic crisis.
How long until the government actually holds the paper on your home, and you live in it at its pleasure? That’s called state property, ain’t it?
