Tom Maguire points us to the “92 percent group”, a group designed to fight Obama’s mortgage rescue plan for the 8% of people in foreclosure or mortgage trouble of some sort.

I find this to be a great idea, because housing is not a market that is in any way reactive to small and growing trends of instability.  Hence, while I will buy your currently paid-off house for the eight dollars and near-complete Noodles & Co. card in my wallet, you can rest secure that your insanely devalued house will not have its value shored up with your own tax dollars. 

UPDATE: I didn’t even notice their proposal for a national mortgage strike in April, which is a great way to show what a repsonsible homeowner you are.