So The FHA is the Best We Can Do?

Bernanke's evaluation of the government's idea to have FHA step in to help out those naive innocents whose house is about to be foreclosed upon, is this:

"This is one promising direction" i.e. he approves.

His enthusiasm and encouragement for government intervention inspired me to finish a cartoon suggested by a good friend. (Thanks, Charlie!) Let's just hope they can get this F-agency to play its role a little better than that last one we all have heard so much about.

(Click on it for a larger version.)