Zombie GSE's

What is going on with all these people on the left who keep wetting themselves over falling home prices? Don't people understand that the bubble prices were a fiction, created out of a juiced-up money supply and artificial demand cooked up with fraudulent loan writing? The prices are falling because they are incorrect. They do not reflect real value.

Why do people want home prices to be propped up by these zombie GSE's? Like you say: get it over with. When prices fall to within reach of potential buyers, they will need to *borrow less*. This is known as a GOOD thing. Sorry to the people who thought they were going to 'house-flip' their way to prosperity, but that was a silly dream that you should have never had.