Comments on: “It’s Not a Tumor!”

By: marlin

marlin — Sat, 19 Jul 2008 19:50:49 +0000

do mortgages buy real estate,is there income on monthly basis for sound mortgages?does it have more income than default,who gets the real estate mortgaged that defaults?

By: Ammon Nelson

Ammon Nelson — Fri, 18 Jul 2008 18:47:05 +0000

He’s not alone. :p

By: Shawn Manaher

Shawn Manaher — Wed, 16 Jul 2008 12:52:06 +0000

Thank you for being a lone voice telling the truth!

By: Ammon Nelson

Ammon Nelson — Mon, 14 Jul 2008 18:54:48 +0000

Excellent article, Matt. I am going to forward a link to all I know who would be interested (everyone else had better start with reading the Primer).

By: Matthew Pilling

Matthew Pilling — Mon, 14 Jul 2008 16:23:18 +0000

Jason,

I think you’ve hit the nail on the head. Most are ignorant about what the government is doing, and most of the government are ignorant about the principles that should guide what they are doing. Not a great mix.

By: Jason Welch

Jason Welch — Mon, 14 Jul 2008 14:53:12 +0000

Thanks for the history lesson on Fannie Mae and Freddie Mac, I never really understood what they were, and I think that this is the problem for most people, we are all ignorant about what our government is doing. FCD is a great resource to get a basic knowledge of current issues.

Thanks.

Jason

By: Matthew Pilling

Matthew Pilling — Mon, 14 Jul 2008 03:44:18 +0000

Author’s correction–In the key points, I said that principle 9 was being violated. I actually meant to say principle 12–the government has no authority to use tax payer dollars to create entities to compete in a private market place. While principle 9 can apply in that the organizations are obviously not making a profit, it wasn’t the principle I meant to mention. Sorry for any confusion.
Matt