The "Save Harry Reid" Fund

After repeatedly making disparaging remarks about Las Vegas, the President arrived there to announce a $1.5 billion payout for "housing help," courtesy of the US taxpayer to five states, including Nevada. The trip no doubt has nothing to do with giving a political boost to Harry Reid, to whom the President has become personally close -- but when it comes to President Obama and spending, the Las Vegas jokes come all too easily.

The mantra of the administration seems to be: See a problem? Throw (someone else's) money at it.