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Originally Posted by SentToStud
1. No, just stupid.
2. No, just smart.
3. No, you should build them
4. No, it already was. You just noticed it now.
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STS, those are all socialist ideas because they run counter to the idea of free market capitalism.
Any government intervention in a free market is by definition socialist.
And, prior to the credit crunch in august of 07, the mortgage market was far from nationalized. It was for the most part unregulated and thats what we are paying for now. You know...that whole subprime thing.
The percentage of mortgages closed in 2008 that are either agency or govt is over 85%. Prior to that, it was around 50%.
Having said all of that, I dont disagree with any of your positions on what the govt did in action. However, they were all socialist in theory.