The Health Care Fatal Conceit

According to Peter Wallison of the American Enterprise Institute, "almost two thirds of the bad mortgages in our financial system ... were bought by government agencies or required by government regulations."

Fannie and Freddie were bailed out last year, adding $5 trillion to our national debt, and put under government control. Now the news is it looks like FHA needs to be bailed out.

And, of course, low-income people who are the supposed beneficiaries of government compassion are the victims. Foreclosures in minority neighborhoods are reported to be seven times higher than the national average. We can expect the same results from government taking over health care as we've gotten from housing socialism.

This country is about freedom. There's no substitute for the fruits of personal responsibility. Giving it up for the conceit of socialism is indeed a fatal mistake. So says Star Parker. The Health Care Fatal Conceit