Sub-prime Buyout
By Thomas Krehbiel
· Krehbiel Commentary · Saturday, Dec 8, 2007, 12:20 AM · 94 words · ![]()
A lot of talk radio people are complaining about the government helping people out of their subprime mortgage woes, saying it's not fair to people who took out responsible loans. Well, that's true. But I look at it more in terms of a government trying to keep the country's overall economy running smoothly, which seems like a more important concern for the whole population.
(Not to say that what the government is doing actually will help the economy -- I have no idea if it will or not. Economics is a subject that I find completely mystifying.)
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