Obsessive Housing Disorder & Compulsive Intervention Disorder
Your lunchtime must-read from Steven Malanga in the City Journal: Obsessive Housing Disorder.
Bottom line:
Ultimately, the goal should be to end subsidies that amount to a government project to direct homeownership to places where Washington believes it should be taking place. That kind of political meddling in this vast marketplace has wreaked havoc time and again, and will continue to do so—if we keep letting it.
And your companion, illustrated blog read from Doug Ross: Compulsive Intervention Disorder.
The problem is that the establishments of both parties suffer from these big government maladies — and the GOP’s effort to “rebrand” itself is lead by mortgage entitlement expansionist John McCain.
Pass the Pepto Bismol.
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The GOPs biggest problem right now is the “leadership” of committed leftists like J. McCain.
This is why we are having the Tea Parties. We are tired of BIG GOVERNMENT. This one-party system is a very bad idea. And it’s the GOP that brought it about.
Until the GOP has a complete overhaul of its leadership and does it in a convincingly dramatic manner, all they will accomplish by insisting on recycling the same lame characters is to annoy us further. We don’t need the constant reminders of how lame they are and how they have mastered the junk science of losing elections.
Every time I hear or see McCain, McConnell, Graham, Boehner, Cantor,
Romney, Huckabee, “Jebbie” and the rest, I just tune out to whatever they are saying. It’s just like those endless robocalls trying to get me to buy an extended service contract on my car. I hang up.
Just heard on Bloomberg that Congress is considering establishing a municipal bond guarantee facility within the Treasury. Isn’t this a Tenth Amendment issue?
I realize that one-world government requires the erasing of national borders but are we also eliminating the relevance of states?
The Tenth Amendment was repealed in 1861 by the left’s favorite Republican President. You might have missed it – it wasn’t really publicized. .
txvet2: at least 30 states have passed “sovereignty” measures reclaiming/underscoring their tenth amendment rights.
And no one (except a few misguided nuts in the South) is interested in re-fighting the Civil War. The right side won and that is just the way it is going to remain.
Only one amendment has ever been repealed: the 18th.
What amendment are you talking about, txvet2? Or, are you kidding?
Ah. That.
As I’ve noted before…
fascist economic policy has been in ascendancy in the US since the 1930s…
under both political parties, it just keeps ticking along, faster or slower.
Now, it is galloping…
We have to refuse to be eaten.
(buuurrrrppp!) More tea vicar?
Just how much Liberty are we willing to sacrifice to mollify the Left? The Fascist always comes back for more. North South? I think not; there are Patriots and Traitors in every town, city and state. No Phil, it will not be North South, no great columns of men marching to the drum.
The country I grew up in and learned to love is gone and will be no more. Neither the Third Reich, New World Order or Peoples Republic interests me.
COMPLICITY
Complicity, up and down the line. Congress, Banks, Administrations, Homeowners, Government Institions, Speculators, on and on, and, on and on.
The unfortunate reality is that many of the actions taken are a result of the pendulum swinging to address actions that should have been corrected in other ways. The pendulum swung and knocked the crap out of the economy.
Had we only lived up to our Constitution and the principles set forth therein, been consistent, and lived up to our higher ideals, we would not have used motgages to cure what has ailed our nation.
The equal application of the law, and a full understanding of capitalism, should have been advanced by our politicians.
Which have meaning only in those circumstances when the Federal government allows them to. Try squaring those “sovereignty” measures with medicaid, medicare, social security, and any of a thousand other federal programs that override state authority. Crying about lost state sovereignty now is slamming the door about 150 years after the horse left.
Not refighting any war, just pointing out the unforeseen consequences. And if you look at the history of war, the “right” side is always the side that won. For the record, several of my ancestors fought (and some died) in that war, all but one for the North.
There you go, quoting that “misguided nut” Jefferson again.
in order to form a more perfect union… when the individual states joined the union, they sure believed they could unjoin. any historical text or newsprint of the time states clearly that signatories to the constitution could amend or abolish it, as they had abolished their first attempt and the constitution of england.
Yes, and the Republican “leadership” had a chance to do 2 positive things at one time and instead decided, even before there was a primary, to back the RINO Crist in Florida. They could have stayed out of Florida politics until after the primary and then backed the winner, but they were afraid that the WRONG ONE would win it. Instead, they shoot down a young and upcoming Conservative, who also happens to be Hispanic, to run an old white RINO and thus send another message to all US Hispanics that the Republicans don’t want them in office and they are UNIMPORTANT to Republicans. Talk about shooting yourself in the foot, twice.
A whole lot of shooting, but I don’t mean literally for fear of the pacifist backlash.