I am a fan of the free market in almost all circumstances, and I am a little bit distressed by everything that is put into place to interfere with the free market.
Bill Foster: “I am a fan of the free market in almost all circumstances, and I am a little bit distressed by everything that is put…”
Editor's note · Context
Foster expresses concern about government interference in the housing market affecting affordability.
Share
More from Bill Foster
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.





