President Bush announced his mortgage bailout plan earlier today, and it’s already drawing kneejerk leftish fire from Sen. Clinton. But here’s the more basic issue: Why should Americans who’ve made sound financial decisions have to pay for the mistakes of those who made lousy decisions? There is a first principle at stake in this proposed buyout, but so far Michelle is the only person who’s talking about that.
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This clip is from Fox Business Channel earlier today, the first time we’ve have a clip from FBN on Hot Air. You’ll notice a slight video/audio sync issue. FBN is a new channel in the Red Lasso lineup, and they’re still working out a bug or two.
Update: Michelle’s plan finds support on the floor of the stock exchange.
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