What Lesson?

Did we learn anything? Quicken Loans is currently running a TV advertisement that blows my mind. It's pushing FHA loans that do not require a downpayment, nor an appraisal!!

I understand Quiken's desire to do some business as they are acting as a broker and will have no skin in the game. But FHA authorizing and guaranteeing these poorly underwritten is additional proof of government's ability to act responsibly. Buying votes trumps logic every time.

Please don't let government get hold of healthcare. No matter how expensive and screwed up our health system is, they WILL make it worse. Just like their inability to say no to home ownership for those that have no money for a downpayment, they can't even talk about the first step to improving the cost of healthcare: eliminating the requirement that illegal immigrants are entitled to medical care. We don't even talk about this basic cause of healthcare inflation.

I hope I'm just old and that is the reason nothing makes sense, as opposed to everything really being wrong-hugely wrong.