I was scanning the web tonight for news and saw this seemingly coordinated cover story from BusinessWeek in time for the rollout this coming week of the Obama Administration’s new $50-$100 billion plan to save housing.

While I have no doubt Wall Street bankers have played a roll in the problem this country faces with regards to the housing crisis, this piece looks to me like a set up for new massive government intrusion in to the housing market.

At least they got one thing right…the Hope Now Alliance, and frankly, any and all of their talk about foreclosure remedies are nothing but PR stunts and political cover.

Secretary Geithner announces his new plan this week on Wednesday.  I can’t wait to see what kind of mess he proposes now.

Home buyers and sellers don’t realize how much the government is changing the rules virtually on a weekly basis.  They change the rules for investors.  They change the rules for mortgage borrowers.  They change the rules for tax incentives.  They change the rules on allowing banks to foreclose on people.

I don’t mean to sound like a complainer.  I usually am not, but I’m tired of the government constantly mucking things up.  They aren’t trying to fix things.  They are trying to keep their jobs and their political positions of power.

To the struggling homeowner, I’m sorry to say I think you’re on your own.  To the homeowners who have continued to pay their bills on time, I’m sorry to report the system is likely to become very unjust in the next few weeks when Secretary Geithner rolls out his new loan modification and foreclosure mediation plan.

For my children and my future grandchildren…I am sorry that this generation has decided that their immediate needs were so important that we have decided to saddle you with another $4-5 trillion in debt.