Yes, I can taste the irony. When it comes to Housing Bailouts, Barack Obama is wrong. McCain is confused. And Bush is The Best President Ever

Choosing a president shouldn't be a one-issue process. Look where that got us with Bush. I cast my support for Obama because of a list of issues on which he is right, in my book, and McCain is wrong.

On housing, both McCain and Obama are wrong, Obama being even more wrong than McCain - who actually I'm not sure today which way the wind is blowing. On housing, the Democratic party is wrong to want to bail out speculators, and the Republican party is wrong to want to bail out lenders and banks.

Pretty much the only politicians right on housing are the Libertarian-leaning Republicans, like the few I've posted here the past few days. And Ron Paul of course.

My prediction? Bush will indeed veto this bill, in his most brilliant act as president. But then a new bill will come up, which bails out the banks and lenders he favors more, and failed flippers less, and he'll end up signing that one.

Here's Obama's latest position:

Sen. Barack Obama, D-Ill., called on Bush to "abandon his veto threats and commit his administration to working with Congress" to enact the measure quickly. "American families need urgent relief, and these are important steps to help innocent homeowners, without rewarding irresponsible lenders," the Democratic presidential candidate said in a statement

Here's McCain's latest (confused) position (and I haven't seen him comment yet on the House or Senate bills):

Senator John McCain, who drew criticism last month after he warned against broad government action to solve the deepening mortgage crisis, pivoted Thursday and called for the government to help qualified homeowners with subprime mortgages refinance and get federally guaranteed 30-year mortgages.

Here's Bush's latest position:

Officials have warned that President Bush would veto a similar House-passed measure, calling it a burdensome bailout that exposes taxpayers to undue risk.

Here's HousingPANIC's position:

No f*cking Housing Gambler bailouts!