I would say “Only Congress . . .”

. . . could do something this stupid.”  But I am afraid to be proved wrong, and sure as death and taxes somewhere in the bureaucratic warrens of Babylon on the Potomac some aparatchik is working on a follow up even as you read these words.  “I’ll gladly pay in my next re-incarnation for a trillion hamburgers today.”

So, Freddy Mac loans only. You must be 90 days late on your payment, and if you don’t make any payments for another 90 days you automatically get refinanced at the lowest currently available market rate and, as a cherry on top, 20% of the loan becomes interest free.  Please, sir, may I have more?