To his credit, the Washington Post's Zachary A. Goldfarb reported yesterday that the Obama administration is possibly repeating the same policy mistakes that sank the housing market. To get to the heart of the matter, our national housing bubble quickly inflated as a result of too many people with poor credit buying homes that they couldn’t afford. As that number multiplied, banks created more unstable mortgages to keep up with demand until eventually the bubble burst
Well, it seems that Mr. Obama is pushing banks to restart this self-destructive economic policy. Goldfarb wrote:

