Given our current government’s preference for” social justice” and “too big to fail” over the traditional conception of property (that is, a preference for the upper and lower classes against the middle), it’s hard to see this turning around soon.

[1] http://www.tdaxp.com/archive/2009/04/17/will-we-reward-speculators-for-destroying-houses.html

As a progressive, Obama’s focus is on the control and improvement of American society. This naturally leads him to favor both the rich and the poor, as they are deeply in debt to the system and have lost the ability to thrive without.

The middle class, however, is less accommodated.

Poor can seize houses, and rich speculators get their sub-prime assets bailed out, but middle class people who consume the housing they can afford are squeezed from both sides.