The Government is Fostering Another Meltdown

After denying anything to do with the past financial meltdown, the government is at it again, for the so-called good of the public.

                       

Uncle Sam is once again seeing to it that folks who cannot afford to own a house are able to buy one. Getting to buy homes with practically nothing down. 

In no time, they will join the rest of the rising numbers of homeowners in default. Will left-leaning, vote-seeking, politicos never learn?

Listen to some of the new ads advising government mortgage refinancing even where home values lag present mortgage amounts.

                       

The media will eventually repeat that the villains once more will be the “greedy” banks and mortgage brokers whose jobs depend on carrying out government edicts.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)