Posted on 08/15/2012 1:49:15 PM PDT by NevadaPolicyResearchInstitute
Government created the housing bubble and has failed to fix the inevitable housing crash that followed — even after four years of trying.
So what do believers in liberty and free enterprise propose? Freedom.
Enforce contracts. Let the market work by allowing foreclosures.
Is it going to be painful for some? Absolutely. But that pain — created by government inflating the housing bubble — is inevitable. Prolonging it is only hurting more and more people by delaying the recovery.
And that's the true tragedy in this. By rewarding foreclosure, current government policy is ensuring that Nevada will have more foreclosure not less.
(Excerpt) Read more at writeonnevada.com ...
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