(Poll of real estate investors near the bottom of this post…)
The economy of the United States is at its best when most free. The government is at its best (economically) when it guarantees transparency and accuracy and is otherwise uninvolved.
Unfortunately, neither of these are the case at present.
The U.S. economy has been hamstrung by insanely foolish regulation for many years now, much of which originated as a ridiculous attempt to control the free market subsequent to the Great Depression.
It didn’t work then. It’s not working now. And it will never work in the future.
I’ll have some very specific pieces of evidence to share with you regarding the genesis and development of this situation. But in the mean time, please participate in this completely anonymous poll:
Also, here’s a question for discussion: Why has there been such a strong public outcry against the $700 Billion bailout plan? (This morning, I heard two congressmen give statistics about the amount of constituent communications they are receiving about this: One congressman said he’s receiving emails 50 to 1 AGAINST the bill. Another said his ratio is 300 to 1 AGAINST the bailout bill.) Why do you think that the most vocal supporters are politicians and the most vocal opponents are normal citizens?