Monday, May 26, 2008

Global Warming and the housing boom/bust

I am always amazed that the government simultaneously encourages sprawl with its fiat money binges, highway construction, Fannie Mae mortgage subsidies and home mortgage deductions and then constantly whines and hectors about it, proposing new draconian regulation to rein it in. Moronic global warming regulation comes to mind.

I suppose that this is not surprising. The government then gets to bully us both ways.