ViRedd
New Member
Did anyone besides myself watch Tim Russert's interview with Hillary Clinton this morning on Meet The Press?
One thing she said that really stood out to me was that if elected president, in an effort to "cure" the prime mortgage situation, she would FREEZE interest rates.
Anyone remember what happened when Jimmy Carter FROZE gasoline prices? How about when Nixon FROZE wages and prices?
Anytime government puts a lid on the free market, shortages are the result. If we want mortgage money to completly dry up, the best thing to do would be to artificially control interest rates. Bah!
Will these communists in our midst never learn?
Vi
One thing she said that really stood out to me was that if elected president, in an effort to "cure" the prime mortgage situation, she would FREEZE interest rates.
Anyone remember what happened when Jimmy Carter FROZE gasoline prices? How about when Nixon FROZE wages and prices?
Anytime government puts a lid on the free market, shortages are the result. If we want mortgage money to completly dry up, the best thing to do would be to artificially control interest rates. Bah!
Will these communists in our midst never learn?
Vi