Saturday, November 12, 2011

Do you favor the governments policy of subsidizing the purchase of homes using taxpayer $'s?

No. It artificially raises the price of real estate and creates a market for sub-prime loan trading. As we have seen that can lead to a "crisis" and the government will bail out the culprits with hundreds of billions of dollars while unemployment skyrockets because of it. We should have told the s they're "too big to succeed" and let them wallow in their own mess after the first Fannie and Freddie "crisis".

No comments:

Post a Comment