Governmental intrusions into places it shouldn’t results in many consequences, mostly painful and costly. Just ask Nick Keith.
This is going to be something to see.
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This isn’t just theory. Less government does mean more freedom for individuals to create a higher standard of living for themselves and others.
Recovery? What recovery?
Golly, what a surprise! People who couldn’t qualify for a loan in the first place and then defaulted, are defaulting again on the loan even after it has been “modified.”
Jeffrey Tucker is tired of seeing all the political yard signs showing up in his neighborhood, and I think he makes a very good point: I can’t understand why people are willing to give up precious real estate on their front lawns, make friends mad at them, and put their own credibility on the line to […]
The similarity of this entrepreneur to those in Ayn Rand’s book Atlas Shrugged are quite remarkable.
According to World News Daily Obama has real estate agents working on a $35 million property in the “high rent” district in Kailua, the Beverly Hills section of Hawaii. And author Corsi thinks it’s because Obama expects to lose in November: Very quietly, Obama’s chief financier, Penny Pritzker, has entered the Hawaii housing market to buy […]
CATO - The Fed’s New Round of Quantitative Easing By introducing another program to buy MBSs [mortgage-backed securities], to the tune of $40 billion per month, the FOMC [Federal Open Market Committee, headed by Fed Chairman Bernanke] is supporting the long-standing federal policy of special aid to housing, real estate and mortgage interests. These federal policies […]
One unintended consequence of low interest rates is that savers are punished at the expense of borrowers. There is a discernible transfer of wealth from those who own it to those who don’t. That’s major.