Quote:
Originally Posted by t walgamuth
The government is in the business of encouraging people to do things which need doing but are too risky to do without assistance.
The government encourages folks through tax breaks, guaranteed loans and in many other ways I am sure.
Just making business expenses tax deductable is an encouragement. Meals being deductable supports our food industry. Mortgage interest being deductable supports loans......and so forth.
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WOW! The government should NOT be in ANY business. Business should run on it's own WITHOUT government involvement. The ONLY government involvement in business should be what it takes to see that they do not break any laws.
When the government starts picking the winners and losers as opposed to the free market making that choice then the wheels start coming off. Wait a minute, that's already happeniing and the wheels are indeed coming off.
Examples are Frank, Dodd and GW Bush saying that everyone has a right to a mortgage. Where did that get us?