Bet you didn’t know this about the “stimulus” — an apparent high-dollar housing bailout

The top dollar amount for a standard, or conforming, mortgage that can be purchased by quasi-federal agencies such as Fannie Mae or Freddie Mac, versus a “jumbo” mortgage, will increase from $417,000 to $730,000.

Lemme see, we’d be talking primarily about Florida and California here — high-dollar states with a once-booming housing market until their bubbles burst.

Lemme see No. 2… this is an election year, right?