My wife watches ABC News (yeah, yeah...) So I am walking by the TV and I hear them talking about the new proposed regulations on mortgages. The no more than 36% debt ratio and 20% down required. So (of course) ABC News is obviously against this. They show this guy talking about how "unfair" this is. Are you sitting down?... He goes on to say "seems to me this will limit peoples choices"..."especially first time buyers, they will be limited on what they can borrow, and they will have to rent longer to save for the down payment". What freakin planet is this asswipe on? Did he miss..I don't know...THE LAST THREE YEARS of his life? he will probably be appearing on MSNBC news next, and an editorial in the NYT.