I believe the government has a role to play in encouraging homeownership, but this laudable goal has led to interference in the market, and now the taxpayers are writing checks to the tune of hundreds of billions of dollars.
Fitzpatrick discusses government interference in homeownership and taxpayer costs.
Share
More from Michael Fitzpatrick
This week, it is the United States Department of Housing and Urban Development, whose own Inspector General found evidence that senior employees may have circumvented the hiring process to appoint politically connected lobbyists to…
How is it the rating agencies get to pick and choose what debt they are going to rate and what debt they are not going to rate, especially when it affects small investors in the United States of America?
However, extrajudicial punishment meted out arbitrarily runs counter to the American rule of law and, frankly, the United States Constitution.
Government is too big; government is too opaque; and government is increasingly unaccountable to Congress.
Other voices in this conversation
