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Friday, November 20, 2009

Feds Still Backing Shaky Home Loans


“In its efforts to prop up a shattered housing market, the government is greatly extending its traditional support of real estate, including guaranteeing the mortgages of middle-class and even upper-class buyers against default.” (New York Times, Friday)

Déjà vu.

FEE Timely Classic
“Can the Feds Save the Housing Market?” by Robert P. Murphy


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.