December 07, 2008
KILL THE C.R.A. BEFORE IT DOES MORE DAMAGE
Here's a nice review and analysis in support of killing the Community Reinvestment Act, the Democrats in-house drug dealer.
UPDATED 12/7: And here is a rebuttal by famously former leftist who thinks his fellow conservatives are wrong to blame the CRA. So what does he use as an argument? An ass-covering report by one of the CRAs government-employed defenders. Read the comments to that post to see where this argument breaks down.
I would add that we need to permanently bar Congress and the Federal government from being involved in housing for any reason whatsoever. Every housing program ever tried by the Feds has led to disaster.
The Fed needs only to secure the currency, protect us from attack, and protect personal and property rights, and the market will take care of the rest.
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UPDATED 12/7: And here is a rebuttal by famously former leftist who thinks his fellow conservatives are wrong to blame the CRA. So what does he use as an argument? An ass-covering report by one of the CRAs government-employed defenders. Read the comments to that post to see where this argument breaks down.
I would add that we need to permanently bar Congress and the Federal government from being involved in housing for any reason whatsoever. Every housing program ever tried by the Feds has led to disaster.
The Fed needs only to secure the currency, protect us from attack, and protect personal and property rights, and the market will take care of the rest.
Posted by: JBD at
11:19 AM
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