RE: The Obama Plan
The majority of Americans have been fooled. Just because a majority of the people agree with something does not mean they are correct.
IMO, a big part of the housing collapse was the loosening of the loan requirements which was done and pushed through by the democratic party. The democrats and their watchdog agencieswere threatening law suits against banks/financial institutionsif they did not give enough loans to theunderpriviledged. The result wassome who did not qualify for a loan received a loan. This helped to drive the cost of homes up as you had more people in the housing market competing for the same number of homes. The democrats were also the ones in charge of the oversight committees that were to watch and monitor the areas that collapsed.
Bias? Funny how Clinton dismissed 93 federal judges, some of whom were investigating alleged crimes of his party, and the press made no big deal of the issue. When Bush replaced eight federal judges the press cried foul.