For some reason Thomas Sowell thinks it’s wrong for taxpayers to bail out people who just wanted to have a house that they couldn’t afford. He is mean and heartless and doesn’t care about the little guy!
I just love him.
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Since the average American never took out a mortgage loan as big as seven hundred grand— for the very good reason that he could not afford it— why should he be forced as a taxpayer to subsidize someone else who apparently couldn’t afford it either, but who got in over his head anyway?