Today, President Bush unveiled his “solution” to the record rate of American home foreclosures in a speech from the Roosevelt Room in the White House. The president’s plan relies almost entirely the cooperation of a private sector group called the “HOPE NOW Alliance.”

I’m sure we are all so relieved now. I’m so HOPE-ful! What could possibly go wrong with a Bush plan?

Other than the vagueness of the “plan,” deficiencies in enforcement and complete lack of qualification criteria, who could question such a bold step by our ruler to prolong his artificial economic boom?  Read more