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Tag Archives : Housing

Deconstructing Barack Obama, Part II

Deconstructing Barack Obama, Part II

Posted on August 7, 2013

Yesterday, Part I of this series looked at what motivates Barack Obama. We reviewed a Kevin Williamson column that made a strong case that Obama is an ends-justifies-the-means statist. Today, we’re going to look at the President’s approach to economic policy and we’ll focus on an article by my former debating partner, the great Richard […]

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President Obama Threatens America: “We’re Not Done Yet”

President Obama Threatens America: “We’re Not Done Yet”

Posted on July 29, 2013

I suggested last year that President Obama adopt “my work here is done” as a campaign slogan. Admittedly, that was merely an excuse to share this rather amusing poster (and you can see the same hands-on-hips pose, by the way, in this clever Michael Ramirez cartoon). But I want to make a serious point. For […]

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The Link Between Systemic Risk and One-Size-Fits-All Regulation

The Link Between Systemic Risk and One-Size-Fits-All Regulation

Posted on June 22, 2013

After the financial crisis, the consensus among government officials was that we needed more regulation. This irked me in two ways. 1. I don’t want more costly red tape in America, particularly when the evidence is quite strong that the crisis was caused by government intervention. Needless to say, the politicians ignored my advice and […]

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Apparently Learning Nothing from the Fannie Mae-Freddie Mac Disaster, the Obama Administration Wants to Subsidize Banks to Make More Dodgy Loans

Apparently Learning Nothing from the Fannie Mae-Freddie Mac Disaster, the Obama Administration Wants to Subsidize Banks to Make More Dodgy Loans

Posted on April 3, 2013

The Obama Administration is proposing to once again put the economy at risk by subsidizing banks to give mortgages to people with poor credit, even though we’re still dealing with the economic and fiscal damage caused by the last episode of government housing subsidies!

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Sequestration’s Impact on HUD: Just 358 More Days and Mission Accomplished

Sequestration’s Impact on HUD: Just 358 More Days and Mission Accomplished

Posted on March 12, 2013

As part of my “Question of the Week” series, I had to decide which department of the federal government was most deserving of abolition. With a target-rich environment of waste, fraud, and abuse in Washington, that wasn’t an easy question to answer. But I decided to pick the Department of Housing and Urban Development, and […]

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Which Department of the Federal Government Should Be the First to Be Abolished?

Which Department of the Federal Government Should Be the First to Be Abolished?

Posted on January 27, 2013

A reader sent an email to ask “Which federal department should be abolished first?” I guess this is what is meant when people talk about a target-rich environment. We have an abundance of candidates, including the Department of Education, Department of Agriculture, Department of Energy, Department of Commerce, Department of Transportation, etc. But if I […]

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Time to Get Rid of Tax Preferences for Housing in the Internal Revenue Code

Time to Get Rid of Tax Preferences for Housing in the Internal Revenue Code

Posted on December 24, 2012

Even though I knew some people would call me Scrooge, I wrote a few days ago about why we should get rid of the tax deduction for charitable contributions in exchange for lower tax rates. Simply stated, I’m a big advocate of fundamental tax reform, and I would like to scrap the corrupt internal revenue […]

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Middle-Class and Poor People Shouldn’t Subsidize the Mortgages of Rich People

Middle-Class and Poor People Shouldn’t Subsidize the Mortgages of Rich People

Posted on September 17, 2012

I don’t like coercive redistribution. But I really hate redistribution from ordinary people to rich and powerful vested interests, and I even developed an “ethical bleeding heart” rule to express my disdain for this approach. Especially since programs that redistribute from the poor to the rich almost always involve corruption – often involving morally bankrupt […]

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Despicable and Corrupt Republicans Vote for More Housing Subsidies

Despicable and Corrupt Republicans Vote for More Housing Subsidies

Posted on November 26, 2011

Remember my post from a week ago when I said I was not a Republican even though Ronald Reagan and Calvin Coolidge are two of my heroes? Well, now I have another reason to despise the GOP. Those reprehensible statists just voted to expand federal housing subsidies. Here are some excerpts from an excellent National Review column […]

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Should Washington Re-Inflate the Housing Bubble?

Should Washington Re-Inflate the Housing Bubble?

Posted on October 22, 2011

I have no idea whether George Santayana was a good philosopher, but he certainly was right when he wrote, “Those who do not learn from history are doomed to repeat it.” Consider the fools in the U.S. Senate. They just voted to expand Fannie Mae and Freddie Mac subsidies, apparently thinking that re-inflating the housing […]

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