Take on the big Obama housing announcement

Saw an news release that Obama was cutting mortgage rates in another
attempt to jump-start a housing market which seems to have been stuck
in neutral for almost a decade. We won't bore you with the details
but the big announcement should save homeowners something like $900
per year which is not an insignificant amount but maybe not enough to
actually, you know, do something. We're also not sure if the
government should actually do anything but that's another discussion
for another day
What we did notice was that Obama made his big announcement while
standing on a putting green on the from lawn of some Arizona model
home. If there is anything that speaks to the average American
underwater on his house, it's the president playing foot golf while
telling them his grand plan will save them $17 per week. I'm half
surprised that he didn't make the announcement from a jacuzzi hot-tub
on the roof