Government Intervention’s Next Victim? The FHA and the Next Step in the Destruction of Capitalism

Unbelievable. Here’s another government agency, the FHA, that’s “guaranteeing” loans to people unable to afford them or without the requisite credit ratings, and it’s not government that’s at fault for the looming crisis, but rather the people who take what the agency is offering: As if they haven’t done enough damage. Thousands of subprime mortgage […]