Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: cirrus who wrote (279554)	11/8/2008 6:46:16 PM
From: TimF	Read Replies (1) \| Respond to of 793917

Presidents aren't dictators, they can't simply reverse laws. And once you create laws that give out benefits to people they are hard to get rid of. Anyone who faces losing the benefit will scream real hard. Politically reversing Carter's change, or the other ways that government pushed home ownership and mortgages (mortgage interest deduction, zero capital gains for most sales of owner occupied houses, Fannie and Freddie), or pushed banks to lend to more people, would have been just about impossible.