New at Reason: Jeff Taylor on the Mortgage Mess

Jeff Taylor wonders if the next president will use the U.S. Treasury to refloat lending. All signs, unfortunately, point to yes. You've got it all wrong. The government stepped in to correct a market failure. We just need to do a little fine tuning, and then everyone will have a home of his or her own, with a chicken in the pot, and a flying car in the garage. And a, you know, pony out back. Don't worry. The... [read full story]