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To: Elroy Jetson who wrote (96796)	4/22/2009 12:36:01 PM
From: benwood	5 Recommendations Respond to of 116555

"It's a bad thing to waste trillions of taxpayer dollars in a foolish attempt to prop-up real estate prices at above market prices " The thing so many people seem to ignore is that if you use taxpayers to "prop up" or "shore up" or "stabalize" prices, then what you are really doing is imposing a barrier to entry on would-be businesses, making it harder for a successful business to expand, and elminating jobs or preventing the growth of jobs. And for this we are taxed, which reduces our buying power, guts our retirements (eventually), and therefore leads to less consumption of what we might actually produce and further job losses. It's the one wrong is bad (creating a housing bubble), maybe two wrongs will make it right (keeping it as inflated as possible with tax subsidies and any other political trick).