George Will has some sage analysis of how the presidential candidates would deal with the mortgage crisis.

With the command-and-control propensity of contemporary liberalism, Clinton predictably advocates a policy that has a record, running from Roman times to the present, that is unblemished by success. It is the policy of price controls: Her proposed five-year freeze on interest rates would be a control on the price of money.

Liberals do love price controls.

The market, which bewilders and annoys liberals by correcting excesses without the supervision of liberals, is doing that as housing prices fall far enough to stimulate demand.

I couldn’t have said it better myself.

• John McCain gas tax pandering
• Let them eat cake
• Majority of Americans are morons
• New socialism, same story
• Conventional Lack of Wisdom

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