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Mozilo's Countrywide had been the first to embrace the homeownership push back in 1995 and had therefore become a central player in Clinton's public-private partnership.
And since 1998, Countrywide had also become crucial to the fortunes of Fannie Mae, and the personal wealth of Fannie employees who received special mortgage deals from the lender...
--Reckless Endangerrment; pg 182
"Angelo Mozilo, thank you"

--Governor Ricar(D)o Perry

--Tuesday, December 14, 2004

http://governor.state.tx.us/news/speech/10202/

Got (D)ue (D)iligence, Ricar(D)o fan?

A free market government has a vested interest in encouraging local enterprise; it does help the local economy when they can support (buy stock, give seed money, forgive taxes for a time, provide a workshop, etc) business, innovation, engineering and science -- for the good of their citizens (jobs, larger tax base, economic draw for more business and citizens). The 2003 Texas Enterprise Fund helps with this. People who have examined it have found that it is conservative and that it is not politically driven and that it goes to a vast number of businesses.

If you have another point of view I can't help that. But to me it is the function of government to be small and as Gov. Rick Perry puts it, create an environment that is friendly to business by 1. Don't spend all the money (sound advice for everyone as well as for a sound government) 2. Have fair and predictable regulations and tax policy 3. Don't over sue.

I've heard Gov. Perry say publicly, several times, that government needs to get out of the way so that investors will feel safe investing their money, knowing that they will have a good chance to make a return on their investment.

Now, I have taken the time to, I believe, thoughtfully answer your question. If you want to discuss it I will be glad to but I will not respond to continued cut and past nonsense with no thought other than to spam threads and bash Gov. Perry in your attempt to "help" some other candidate.