In the true spirit of winner-take-all class warfare, Senator Tom Harkin (D-IA), Chairman of the powerful Senate Health, Education, Labor & Pension Committee, suggested that the government force banks to write off bad mortgages, “especially...for the lower income.” Sure, why not? Obama screwed investors in GM and Chrysler with his autoworkers’ bailout. Why stop there? Let’s screw everyone with any assets, just to make sure that members of Harkin’s party continue to get reelected.
