UNINTENDED CONSEQUENCES
I'm late to the part on this, but I'm still filing this in my "sometimes when the government tries to help the poor, it ends up hurting them" file: "Hillary's Disastrous Proposal to Solve the Mortgage Crisis." Almost lost in the whole subprime meltdown and ensuing hysteria (and shame on liberals for forgetting this) is that increased liquidity is a good thing in terms of a broader swath of America getting a chance to own a home. Heavy-handed government intervention, however politically heroic, will simply dry up the availability of funds for the universe of borrowers that need the most help. Think about this when you go to the polls in November.
73-91 born SEA lived SJC 00 married (Amy) home (UCity) 05 Jada (PRC) 07 Aaron (ROC) 15 Asher (OKC) | 91-95 BS Wharton (Acctg Mgmt) 04-06 MPA Fels (EconDev PubFnc) 12-19 Prof GAFL517 (Fels) | 95-05 EVP Enterprise Ctr 06-12 Dir Econsult Corp 13-26 Principal Econsult Solutions 18-21 Phila School Board 19- Owner Lee A Huang Rentals LLC 26- Managing Director DSG Global | Bds/Adv: Penn Weitzman, PIDC, YMCA | Mmbr: Brit Amer Project, James Brister Society
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