Subsidizing Bad Decisions

By Thomas Sowell - March 10, 2009

RCP Comment Policies

Now that the federal government has decided to bail out homeowners in trouble, with mortgage loans up to $729,000, that raises some questions that ought to be asked, but are seldom being asked. Since the average American never took out a mortgage loan as big as seven hundred grand-- for the very good reason that he could not afford it-- why should he be forced as a taxpayer to...

(Read Full Article)

Thomas Sowell

Author Archive

Follow Real Clear Politics

Latest On Twitter