Currently the US House Of Socialist Repesentative's is touting a "plan" to help the fledgling housing market. Now while these pushers of big government control think that this is a true answer to the crisis that has happened in this country. It will undoubtedly bring the government in more control of this country.
The House of Representative's are pushing a plan that would fund $15 Billion to a plan that would allow the government to "buy up" abandoned homes, and help up out those in foreclosure.
This plan will A)increase our national debt, which pushes us closer to foreclosure as a country, B) allow the government to "Own" more of our country thus strengthening their heavy hand against us, and C) allow the government to have more control in the housing market, a market that should not have government involvement.
Let me explain. In a free market (arguably on the worst curse words to be uttered to the Socialist Politicians of today) you have peaks and valleys. Majority of the time you will be at the peak of prosperity, but there will inevitably be times that are not as profitable. This could be caused by many different things. In this case, these companies loaned money to people who normally would not be able to get a loan (you can thank your government for their involvement in this). Now what do you think happened when these people got in over their head? They didn't make the payments and the industry suffered. But the industry will resolve itself. It doesn't need government intervention. Government Intervention is the reason the housing loan market is in the shape it is currently in, What do you think will happen with more involvement by the government? More foreclosed houses for them to buy up, giving them more control. This is just going to keep growing the government's hand in our lives.
We need to stand up and demand the government to get their nose out of yet another part of American's Lives.
Viva Liberty!
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