The Real Cause of Sub Prime Mortgage “Crisis”

Once again, government isn’t the solution. Government is the problem.

Justin does a great job of explaining the way things work in America these days.

So, for those of you who are still trying to catch up, this is how things work in America. The government decides something in the economy isn’t “fair”. The government then enacts some sort of legislation to fix the problem. This legislation causes a new, much worse problem. The government blames capitalism and calls for more of the same bad legislation to fix things.

I really wanted to take more than that excerpt. The paragraph that follows what I lifted, is of equal importance. Please read the whole thing.

Personally, I am glad that more people were able to get loans and that interest rates were low. People were given an opportunity. Some didn’t do so well with the opportunity, but I still think it is good that they got the opportunity.