Monday, October 06, 2008

So what should the government do? Eliminate those policies that generated the current mess. This means, at a general level, abandoning the goal of home ownership independent of ability to pay. This means, in particular, getting rid of Fannie Mae and Freddie Mac, along with policies like the Community Reinvestment Act that pressure banks into subprime lending.

Jeffrey A. Miron, senior lecturer in economics at Harvard University. A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan.

There is an interesting article in the Denver Post about the Colorado Democracracy Alliance (a local offshoot of the national Democracy Alliance), and how it is getting it’s political points across through support of a network of non-profits.

Here’s the comment I just posted at the end of the Denver Post article:

I'm going to suggest this as a topic at our next Denver Socrates Cafe, "Media, groups, independent research, and devine revelation: How can voters best form their opinions today on candidates and ballot issues." Join us for good discussion on important topics each week as we seek truth by our own lights. More informationa and RSVP at

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