If Obama raises interest rates as proposed in lieu of a complete collapse of the US government...won't this ju?

The remaining Americans with Home Mortgages...will lose their Home, when their interest payment increases. This will also increase the Unemployment Rate. Does every one like sitting at the State Unemployment Office while toking on a Pack of Chesterfield Kings, and reminiscing about the good ol' days of a pay check and a vacation in Aruba...under Bush.