Krugman on the Mortgage Foreclosure Mess

So it's a little sloppy of me to link to Krugman two days in a row, but hey, when he's good, he's good.

True to form, the Obama administration’s response has been to oppose any action that might upset the banks, like a temporary moratorium on foreclosures while some of the issues are resolved. Instead, it is asking the banks, very nicely, to behave better and clean up their act. I mean, that’s worked so well in the past, right?

The response from the right is, however, even worse...