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PR Push Against Strategic Defaulters Underway (Is There a Debtors Prison in Your Future?)

A good Washington DC contacts told me that a public relations/media push to demonize those who decide to walk away from mortgages they can still afford to pay (aka “strategic defaulters”) is underway. Expect to see a good bit of moral fervor as those who choose to cut their losses are attacked... Read more...

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Obama To Make Reassuring Eye Contact With Every Last American

In an attempt to convince an anxious populace that his legislative agenda is working and that everything is going to be all right, President Barack Obama embarked on a 50-state, 30,000-town tour Monday during which he plans to gaze assuredly into the eyes of each American citizen, one at a time. ... Read more...