Government Is Too Intrusive When

It is amusing, not, to see how the administration is administering the government shutdown. In classic community organizer style, he makes sure he pokes the 720px-US-FederalHousingAdmin-Logo.svgAmerican people in the eye over it while at the same time blaming Republicans for it. He ends White House tours. He closes the WWII memorial so our greatest generation can’t see it. Closes the MLK Jr. monument. Neither of which need anyone to oversee or “manage” them. It’s all the politically calculated machinations he goes through to kick-off the Democrats’ 2014 mid-term election talking points.

But did you know that this government shutdown this administration is imposing will have a deleterious effect to the housing market recovery when it is most needed? How could the government be in the way of you buying a home? What do they have to do with it, you might ask? The answer is, more than 90% of all loan activity is underwritten, insured, or owned by the government and its affiliated entities. That’s how. The by-product of “reform” taking the shape of government control.

Link: Government Shutdown Risks Hurting The Housing Recovery


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