Current Events — HabitableZone

Current Events » in reply to If your livelihood depended on the housing industry you might have a different opinion on the Dem's expediancy.

Expediency

I did a post on the "stimulus" down below.

You can look at the diagram, and add up everything designed to help the flailing housing market. I counted $8.6 billion.

Oh, yeah, there's a housing deal coming up. Most of it will involve the government deciding it can alter contracts at its whim. Good luck basing a real estate finance industry on that premise.

"I am altering the deal. Pray I do not alter it any further."

Historically, the response by business to this kind of governing is often sheer paralysis. Banks that play along will live. The others, not so much.

This is your nation on liberalism. Any questions?

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