Posted by Richard Adams
Via Richard Epstein:
Pray tell, what patterned principle dictates that we should have 12% of all mortgages made to low-income borrowers in 1996, 20% in 2000, 22% in 2005 and 28% by 2008?
The principle is that home ownership is a social good, for which any price is worth paying - except for this one.
More accurately, it's the "moderate socialism" principal.
One that the Dem's endorses fully (indeed it's not enough) and one the GOP supports (being moderate liberal themselves). IF the GOP had really wanted to do something, they of course would have.
Still think the GOP is your party?
How do you argue against the American Dream? America loves the pursuit of property. Private property is understood as essential to liberty. A government for and by the people was bound to come to the place where it did all it could to ensure that anyone who sought private property could gain it. This is Locke and Sidney, understood through the lens of democratic government politics, more than it is Marx.
I don't know that the Republican party is my party, but I still know I am voting for McCain.
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I should be in New Zealand instead of writing this but I unfortunately had to cancel my trip because I pulled a "Marian". While walking home from work on March 15th, I slipped on a miniscule patch of black ice, fell, and landed the wrong way on my right foot, fracturing a bone. I'm in a boot cast until May 4th so my trip was out of the question. Canceling the trip was actually more painful than fracturing the bone. Thanks to everyone for their sympathy, kind words, chocolate and wine. Special thanks to Marian and JD who have been very helpful and understanding. And to Mary who keeps yelling at me to sit down (and put my foot up).
I'd had to take some time off work to stay off my foot so I did a lot of reading and movie watching. Many of the books that I read have not yet been published but are due soon. One that is available is the new ELIZABETH GEORGE, With No One As Witness ($37.95), the thirteenth in the Lynley series. I wasn't too fond of the last two books so I was more than pleasantly surprised by this book. It's terrific. Scotland Yard has taken over the investigation into the murders of four adolescent boys. DI Lynley is in charge. This case is doubly complicated for him as he is not only searching for a serial killer, he is stymied at every turn by his superior. As usual, Barbara is her headstrong, loner self whom Lynley tries unsuccessfully to rein in. There is a twist to the story and I will say no more.
I wonder why you think that, maybe if you thought about it a bit more you would change your mind. Or maybe I am just being a bit egotistical. What does everyone else think.
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