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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bentway who wrote (160259)10/26/2008 3:41:37 PM
From: ahhahaRead Replies (1) of 306849
 
But, they don't have to.

Governments programs have to have more flaws because those in charge aren't directly responsible. Under government, no one is responsible since no one there has their own wealth at risk.

A government program can be required to insure all, to totally spread the risk.

Does it spread the risk of mismanagement, say, like the mismanagement of Franklin Raines at FNM?

It doesn't have to show ever increasing profits.

Does it ever have to show what it does is constructive? That can only be achieved when such entities are subjected to competition. Competition forces one to be good or else one is eliminated. Don't you want the bad to be eliminated?

It's doesn't have to carry employees tasked with denying claims.

Yes, it does, because there's no accountability there. Why be accountability if there's no consequence to your decisions?

I believe government CAN work.

Can you cite one example where government works at supplying private sector goods and services.
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