December2nd
Gingrich Gets Worse Every Time You Look at Him
Tom Woods
In a 2007 interview from Freddie Mac's website floating around the Web right now, Gingrich says:
- Certainly there is a lot of debate today about the housing GSEs [Government Supported Enterprises -- in this case, Fannie Mae and Freddie Mac], but I think it is telling that there is strong bipartisan support for maintaining the GSE model in housing. There is not much support for the idea of removing the GSE charters from Freddie Mac and Fannie Mae. And I think it's clear why. The housing GSEs have made an important contribution to homeownership and the housing finance system. We have a much more liquid and stable housing finance system than we would have without the GSEs. And making homeownership more accessible and affordable is a policy goal I believe conservatives should embrace. Millions of people have entered the middle class through building wealth in their homes, and there is a lot of evidence that homeownership contributes to stable families and communities. These are results I think conservatives should embrace and want to extend as widely as possible. So while we need to improve the regulation of the GSEs, I would be very cautious about fundamentally changing their role or the model itself.
Meanwhile, courtesy of Lew Rockwell's Political Theatre, we read that evangelicals are flocking to Newt. Every four years the various evangelical leaders seek out a transparent fake they can have betray and exploit them, and apparently Newt's the one for 2012.
Here's the guy a truly moral people would choose:
http://www.youtube.com/watch?feature=player_embedded&v=Wnj-5z9NJoY
And here I am making the case for him to evangelicals:
http://www.youtube.com/watch?feature=player_embedded&v=sPqG3fiff1g
http://www.tomwoods.com/blog/gingrich-gets-worse-every-time-you-look-at-him/
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