Bush Wants Five-Year Interest Rate Freeze...

...for adjustable-rate mortgages. Aside from being insulting to all of us who didn't overbuy, speculate, use our homes as ATMs or flat-out shouldn't have been given a mortgage, the five-year freeze on ARM rates does one important thing for the Bush Administration. It delays the crash until someone else's watch. A five-year moratorium would put the impending end of cheap interest firmly in successor's second term.

And since his successor will most likely be a Democrat and Americans' memories generally run into microseconds, the second round of the subprime crisis, delayed by freezing interest rates, will be blamed on Democrats.

Is Rove back at work at the White House? This seems to clever for the Chimp to have figured out on his own.