Obama's Next Bailout

 "Under a revised White House program, second homes—whether owned as a rental property investment, as a vacation home, or just as an extra mortgage from a house-flipping project gone array—are now eligible for taxpayer subsidies to reduce the principal on the underlying mortgage. This means that even though you made a poor investment decision with that home in Miami, taxpayers will now help foot the bill to reduce your mortgage by several hundred thousand dollars at little cost to you."