It is Saturday morning. I finally got a chance to look at my latest Washington Times, National Weekly, dated April 8. The cover showed a construction worker with a nail gun and the title referred to an article inside about how prices of homes were climbing again.
I don’t need to read the article or related pieces. I have an answering machine and I have a computer. What does that have to do with the housing boom? We are again participating in the unfolding of the same crony capitalism that brought us the last housing boom and bust.
For a long time I have been getting telemarketing calls to refinance my mortgage because the government has ordered the bank to give me the opportunity. They come in many approaches from many entrepreneurs. Behind all of them is federal tax money, stolen from you and me, that is trying to get people who cannot afford it to buy houses.
I also have been getting constant little ads on my computer that sneak in behind the page I have open or pop up when I least expect them. They are all about the same thing. The politicians have sold their souls again to large investors for some kind of pay off and want to suck us in with more promises of pork.
They seem to forget to remind us that this has happened before and that we will all be paying for it.
Or how about those little ads in the corner of your favorite web page that tell you the president has done something to make your life better by buying a home. Political hay for the president paid for with your tax money.
We don’t have a housing boom. What we have is an attempt to extend welfare to the middle class and make the poor more dependent than ever.
homo unius libri
They never learn; do they?
ReplyDeleteI haven't seen any evidence of it. Remember that old quote that talks about people who fail to remember their history.
DeleteGrace and peace.