Lunacy is Spreading Worldwide

The credit crisis is causing some strange reactions world-wide, the least of which is French President Nicolas Sarkozy's new plan,
"The government will buy as many as 30,000 unfinished homes, make more state-owned land available for private home building and state-guaranteed mortgages available to 60% of French buyers, triple the percentage now eligible."

That's from today's Wall Street Journal. What about the lessons from the US made him think, "Gee, maybe I should incentivize home-ownership in MY country..."?

4 Comments:

  1. LMAO

    I guess some people just don't learn.
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  2. @plunger girl - think you are laughing now? How about this provision in the proposed bailout: "Sec. 503 Exemption from excise tax for certain wooden arrows designed for use by children."

    I was really worried about that myself...
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  3. I'm not sure how to react to that. Seriously, it's no wonder the American people suffer from so much stress and anxiety. We're surrounded by idiots.

    Love the new header/masthead/picture @ the top!
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  4. @plunger girl - I know.

    As for the header, thanks! A good friend designed it. I'm going to plug him in another post soon...
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I'm curious to see what you are thinking...