Mitt Romney's Housing Plan Has Got To Be A Joke (Business Insider)

[swag]

http://www.businessinsider.com/mitt-romneys-housing-market-plan-2012-9

Joe Weisenthal

At this point, we have no choice but to conclude that the Mitt Romney campaign is just trolling whiny journalists who have complained about the lack of detail in his plans.

Yesterday evening (a Friday evening!) the campaign revealed a whitepaper titled Securing the American Dream and The Future of Housing Policy that's so unsubstantial, we half-suspect the timing was done so that nobody would see it amid the release of the 2011 tax documents, which came out about 20 minutes earlier.

This is honestly a sentence in his whitepaper on The Future Of Housing Policy:

"The Romney-Ryan plan will completely end “too-big-to-fail” by reforming the GSEs."

Romney and Ryan believe that "too-big-to-fail", which generally refers to the assumption that a collapse of a major Wall Street institution would be catastrophic to the overall economy, thus making a bailout imperative, would be solved by the reform of Fannie and Freddie. Or maybe Romney and Ryan believe that only Fannie and Freddie are too big to fail, and that the collapse of a mega-bank would be fine. Those are the only possible readings of that sentence.

Read more: http://www.businessinsider.com/mitt-romneys-housing-market-plan-2012-9#ixzz27CTL54Rw

[madrchsod]

1. when the business insider thinks his plan stinks

you know mittens is in deep shit....

[annabanana]

2. This should be in "weird news" forum!. . .n/t