I like to think I'm pretty liberal ...

But some days, the thinking of conservative economist makes a lot of sense to me. Consider this Wall Street Journal opinion piece on the downside of a foreclosure "bailout." http://http//online.wsj.com/article/SB123336541474235541.html

I don't think that politically the current administration will be able to avoid providing foreclosure relief. But the author of the WSJ piece thoughtfully considers the long term effect of being trapped in that house, that really, you couldn't afford before the credit market crashed, and you won't be able to afford even once housing prices stabilize again.

I know, I know. I'm just bitter because I didn't buy a huge house that I couldn't afford and now I won't be getting any help from the government keeping it. I have a heart of stone.