Concerning the administration policy of “Father (Big Government) Knows Best”, a Wall Street Journal article points out the unintended consequences of government interference in free markets. The Fed is currently pumping $80 billion a month into the economy, via mortgage-backed security purchases, in order to drive down interest rates on lending for new mortgages. Last week, mortgage rates hit a wall at 3.37%. Banks are either “unable or unwilling” to take rates lower, though some economists would like to see at least 2.8% rates. Instead the banks are using the extra cash to cushion, or protect, their profits from the uncertainties caused by irresponsible spending and runaway regulatory agencies. They are afraid to get to deeply committed to mortgages that may go bad as this administration shows no indications toward reducing either debt or deficit spending.