In response to:

A Man's Home Is His Subsidy

Maria46 Wrote: Jan 09, 2013 1:26 PM
in the 2012 Federal debt (not deficit) exceeded the GDP. We are fortunate interest rates are as low as they are, we'll be in big trouble if they rise to relatively moderate levels. I think that injection of money into the economy by printing unbacked money lessens the value of our income, making everything more costly, though it cheapens the value of the debt bonds (cheating the buyer of the bond, who might decide he should cash it in before it is worth even less)
The Obama administration now proposes to spend millions more on handouts, despite ample evidence of their perverse effects.

Shaun Donovan, secretary of the Department of Housing and Urban Development, says, "The single most important thing HUD does is provide rental assistance to America's most vulnerable families -- and the Obama administration is proposing bold steps to meet their needs." They always propose "bold steps."

In this case, HUD wants to spend millions more to renew Section 8 housing vouchers that help poor people pay rent.

The Section 8 program ballooned during the '90s to "solve" a previous government failure: crime-ridden public...