Your Daily Moment Of Zen

Andrew Laperriere writes in The Weekly Standard about the current risks of economic recession. He concludes:

But even a gradual reversal of the housing boom could result in sluggish economic growth and painful adjustments for those in the bubble areas who incurred too much debt during the run-up in house prices. Conservatives ought to seriously consider these risks so they won't be surprised or caught flat-footed if a housing correction occurs.

Why worry, Andrew? Conservatives are, well, conservative. Surely, they must have locked in their fixed-rate mortgages a long time ago, when the rates were still low, right? Only brainless liberals will find themselves upside-down on their mortgages with nowhere to turn to escape foreclosure and eviction. And who cares about them?