If you thought Hillary Clinton’s health care takeover plan was bad, wait ’til you see what she has in store for the housing sector. As always with the Clintons, the market is the problem and Big Nanny (and Big Fannie and Big Freddie) are the solution. Last week, she unveiled her “four-point plan” to protect the American Dream of homeownership. She’s wildly waving around $1 billion promises here and $1 billion promises there.
Hillary appeared on CNBC last week to pimp her plan. Unsurprisingly, she’s demonizing lenders and brokers the way she demonized the pharmaceutical industry:
The full plan is at her campaign blog, where she’s soliciting personal stories of homeowners “at risk.”