We all knew that Buraq was an empty suit, but I still find it shocking how lame and feeble this economic initiative is.

The Dems get smacked at the ballot box,

Unemployment insurance numbers jumb,

housing sales figures way down,

more and more people wondering where are all the jobs are,

and this is all he can do?

Who’s gonna fund the budget or buy FHA’s MBS in a couple of months when the Fed’s S1.25 trillion dollar program of buying the bank’s bad MBS ends ? The fact that we’ll be over a trillion dollars short in funding the budget deficit will be exposed and the housing market will tank bigtime.

I guess the good news is that when things get really bad for Buraq politically later on this year, and they will, Buraq’s response will likely be feeble and not draconian.