Government gifts aren’t charitable
Saturday, August 9th, 2008 By James Nesbitt
The Associated Press reports that Ohio’s state government “has given an additional $1 million to a group of nonprofit organizations that have been able to keep more than 500 Ohio families in their homes by providing no-interest loans.”
In other words, the state has joined Uncle Sam in using wealth redistribution as the solution to the housing crisis; productive and responsible citizens pay into the system, while irresponsible citizens get the disbursements from the system. Let’s hope Americans don’t have long memories, or we might have a problem locating those productive and responsible citizens the next time we need a scapegoat to bail us out of a crisis.
Tags: Housing
