cool idea

Just read this piece from the New Republic


I love the idea of a new Home Owners’ Loan Corporation dusted off from 1933.  But can you imagine the GOP howling about this?  Government buying homes and using eminent domain to do so?  It is ok to take people’s houses to make shopping malls – but to help someone stay in their home?  Big Biz, Big Banks and the GOP would just go insane.

Let’s do it!


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