Here’s a recent interview with Neil Cavuto about bailouts for Fannie Mae, one of the government-created entities used by Barney Frank, et al, to subsidize housing (and line the pockets of well-connected political insiders). My main concern is not the bailouts, which surely are odious, but whether we can at least limit future damage by [...]
Archive for July 5th, 2011
Perpetual Bailouts for the Fiscal Black Holes of Fannie Mae and Freddie Mac?
Posted in Big Government, Corruption, Fannie Mae, Freddie Mac, Government intervention, Housing, News Appearance, Subsidies, tagged Corruption, Fannie Mae, Freddie Mac, Government intervention, Housing, News Appearance, Subsidies on July 5, 2011 | 6 Comments »
If Truth-in-Labeling Is Important, the Housing Crisis Should Be Stamped: “Made in Washington”
Posted in Big Government, Corruption, Economics, Fannie Mae, Financial Crisis, Freddie Mac, Government intervention, Housing, Subsidies, Taxation, tagged Corruption, Economics, Fannie Mae, Financial Crisis, Freddie Mac, Government intervention, Housing, Subsidies on July 5, 2011 | 21 Comments »
Welcome Instapundit readers. Here’s a related link if you want to get even more depressed about politicians digging the debt hole deeper. =========================================================== If you want to understand how government intervention screws up markets and damages an economy, there are two new publications worth reading. First, pick up a copy of Reckless Endangerment, a new [...]