Bush Signs “Mortgage Relief” Bill

Wednesday, July 30th, 2008

Thank goodness our “limited government” Republicans are here to bail us out of the negative economic results of big government through the use of even more big government.  Socialized housing, here we come.
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Arson, Rent Control, and the Perverse Incentives of Socialism

Wednesday, May 14th, 2008

Allan Young plugged my last post in a piece he wrote about the potential of arson as a scapegoat of housing-bubble hardships.
His post reminds me of a similar report of arson, this time related to government rent control.  In Thomas Sowell’s excellent book, Basic Economics - A Citizen’s Guide to the Economy, he explains that [...]

Big Government Responsible for Housing Bubble

Tuesday, May 13th, 2008

 I wish more people understood the substance of this recent article from Ron Paul:
Big Government Responsible for Housing Bubble
The House passed two bills attempting to rehabilitate the housing and mortgage market this week.  There doesn’t seem to be any shortage of criticism and blame for the bad decisions, and rightly so.  Lenders and banks do [...]