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I'll make it simpler so even you can understand: government regulations cause wealth disparity (and war, and dependency, and unnecessary taxes, and loss of freedom, and loss of privacy, and loss of private property, and oppression,etc.).
You're like the frog in a kettle over the fire which was just started. You haven't yet realized the temperature is rising, but it is getting warmer, and warmer. Soon it will become uncomfortable, then hot, then boiling...except for some reason you don't realize what's happening to you, do you?
How much of your freedom must you lose before you realize it? Read: The Road to Serfdom, that will help.
I'll make it simpler so even you can understand: government regulations cause wealth disparity (and war, and dependency, and unnecessary taxes, and loss of freedom, and loss of privacy, and loss of private property, and oppression,etc.).
Then advocate eliminating FHA loans entirely instead of trying to rig some bizarre FHA system that can't even prevent fraud. Simple as that. Why aren't you arguing to eliminate the FHA loan program entirely? Explain.
Again, you don't seem to understand that your complaint is internally inconsistent. No use arguing with someone who is too clueless to understand that. Reading fad of the day books won't help anyone.
Denial is willful and deliberate ignorance. You're the frog getting cooked, but you still don't know it.
Yes I read. May I suggest that you start reading too? There is a whole world of knowledge out there - that obviously you haven't been exposed to.
Denial is willful and deliberate ignorance
Yes, it really is. Unfortunately, you are too blind to see that you are being inconsistent in your rantings here. If you're going to complain about government intervention, you're missing the big picture and focusing on a small one. Good day, sir -- you obviously have nothing substantive to say here.
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"War is the product of government and not of private enterprise. Nor do Governments do not have any accountability. When private businesses do not deliver a product of service that people want, they go out of business. Governments, however, do not close up shop and disappear, even when the outcome they create is horrific.
Government has created an economic catastrophe - as such we cannot rationally expect that government can get us out of it. The answers needed will not come from government, but from private businesses - the source of all rational solutions (if government would get out of the way) and the source of all wealth". From James Turk.
Part of the problem, again, is that the government is engaged in full scale "class warfare". A byproduct of a successful business, producing something that people want, is profit - which is somehow now a dirty word. And the more regulation businesses get strapped with, they either go out of business, fire employees to downsize, or go off-shore. The reason we have great wealth disparity is because we have massive regulation which squashes out the little guy and consolidates power and money with a smaller and smaller number of big, powerful, highly profitable businesses (Newtons third law at work).
BTW, Sixty trillion dollars of unfunded liability cannot be sucked out of the "top 1%" (those earning more than approx $325,000 per year). With President Osama, Joe Bidden, Nancy Pelosi, Harry Reid, Barbara Boxer, et al - we're doomed.
Today's book recommendation: Currency Wars by Jim Rickards