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Feds rethink policies that encourage home ownership
Just how much should Uncle Sam do to help Americans buy their own homes?
Mortgage interest tax deduction and the death penalty for predatory mortgage practices. No more.
For 70 years -- and for the last 15 in particular -- the answer has been: Whatever it takes.
Just roll the clock back to before all this corrupt legislation hit and call it good.
Now, policymakers are pausing to reconsider. In the next few months, they'll weigh whether there can be too much of a good thing when it comes to helping families finance the American Dream.
I just can't wait to see how Obankrupt turns this into some kind of crisis to take advantage of. Hopefully the Trunks can hold him at bay.
Posted by: gorb 2010-08-12
http://www.rantburg.com/poparticle.php?ID=303225