No Bailout for Subprime

August 9, 2007

I work in the real estate industry; the collapse of the sub-prime market will surely hurt us.  Nonetheless, I’m 100% opposed to a government bailout of the subprime market, as suggested by Chris Dodd and Hillary Clinton.

I can’t say anything more eloquent than this post from Patrick at patrick.net so here it is.  Please go read it in full, and start calling/emailing your congresscritters.

-TS

Entry Filed under: Politics. .


Quote of the Moment

"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." ---C.S. Lewis

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