Obama falters

This blog wished President Obama good luck on the day of his inauguration. Today in Denver, speaking live at this moment, he will sign a huge 787 billion dollar package, no doubt full of the normal Democratic pork spending, which makes hardly a nod towards the real cause of the credit crunch - a solution for the non-financed debts, best represented by Fannie Mae and Freddie Mac, spreading their poison up through the housing market - even to those sitting in homes once valued in the millions of dollars. In that respect he joins the blindfolded British Government who have done nothing to address the credit crunch problem where it began - in the over-inflated housing market!