To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s. We have the Federal National Mortgage Association ("Fannie Mae") taking reckless chances in the housing market that have blown up in our faces today, because FDR decided to create a new federal housing agency in 1938.
Who knows what bright ideas this administration will turn into permanent institutions for our children and grandchildren to try to cope with?
Tuesday, January 27, 2009
doing it for the children
Thomas Sowell : What Are They Buying? - Townhall.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment