Over at Right Wing News, the inmates are chittering and gibbering over the shocking scandal of Obama's mortgage. I liked this part the best:
See, the bank didn't really treat him an differently than anyone else... They just consider the occupation of United States Senator the same way they would, say, dog-catcher, or airline pilot.
If a dog-catcher got a mortgage for a "$1.65 million restored Georgian mansion in an upscale Chicago neighborhood," I'd say that would be an actual scandal. Though, contemplating the practices of the mortgage industry over the past few years, that wouldn't be especially surprising, either.
As for the upshot of this sweetheart deal:
Compared with the average terms offered at the time in Chicago, Obama's rate could have saved him more than $300 per month.
Egads! On top of the terrifying revelations about Obama's parking tickets and his naughty e-mails, I'd say he's toast. It's not like he's done anything minor and excusable, like forgetting to pay property taxes on a condominium, after all.
UPDATE. Nobody does it like Mac Ranger:
No doubt he would say, “It was a bonehead move”, like with Rezko. But how many bonehead moves does it take before we let him play with a Nuclear Football?
Getting a good mortgage = likely to nuke The Heartland. Good one.