I don’t know why more economists aren’t screaming from the rafters about how idiotic Clinton’s plan to address address subprime mortgages is. She wants to freeze adjustable rates? All that’s going to do is hit mortgage lenders even harder in the pocketbook, who are then going to raise rates and clamp down on extending credit to everyone, but especially the poor. So the lesson is, that if you were dumb enough to already get in over your head with a house you could never afford without a convoluted mortgage scheme, the terms of which you could ordinarily never fulfill, you’re getting rewarded. If you’re financially responsible and don’t already have a home and need just marginally more credit to buy the house you want, too bad.