By Michael J. Smith on Saturday January 3, 2009 10:29 PM
Never say our rulers aren't consistent. Here's fifty years of social control in a nutshell.
Alan Greenspan, 2007:
“I was aware that the loosening of mortgage credit terms for subprime borrowers increased financial risk, and that subsidised home ownership initiatives distort market outcomes. But I believed then, as now, that .... Protection of property rights, so critical to a market economy, requires a critical mass of owners to sustain political support.”William Levitt (of Levittown), circa 1957:
"No man who owns his own house and lot can be a Communist -- he has too much to do."
Comments (2)
I'm beginning to appreciate the finer aspects of the feudal system. A lot less paperwork, for one thing, and very few lawns to mow.
Posted by peter | January 3, 2009 11:31 PM
Posted on January 3, 2009 23:31
That makes a part of me want to forfeit my mortgage, thanks Mike
Posted by Son of Uncle Sam | January 5, 2009 10:24 AM
Posted on January 5, 2009 10:24