Spending even more that they don't have

It's just a free fall down the toilet now, folks, to wit;

"...the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans.

The multifaceted effort will let people who owe more on their mortgages than their properties are worth get new loans backed by the Federal Housing Administration, a government agency that insures home loans against default."

And, just where is this money coming from? I guess the presses are just spinning at top speed, 24/7, now.

Where's Barry hiding his genie, 'cuz I want one.