Further devastation and crisis in the commercial and residential real estate market

Fannie Mae, a pseudo-government entity, has been a place
where Democrats have long placed their constituents in working positions for
the returned support of their candidates — in which Fannie Mae gave large
contributions on several occasions. But it was the political agenda of
Democrats that gave mortgages out as a form of welfare that put people in homes
they couldn’t afford.

Yet, with all of this, our government doesn’t want to accept
what can happen when bureaucracy and agendas spill over into the pristine movements
of the market — and now these markets have been polluted.

Instead of letting the pollution work its way out of the
system, regulators and market overseers are causing more damage by piling
regulation upon regulation on an already fragile system. This regulation will
not only increase the cost of doing business, it will stall the development and
release of new products into the market.

This extra activity is exactly what America needs in order
to fuel the jobs that will put dinners on tables in homes across the nation.
The leaders of our country shouldn’t be doing everything in their control to
stifle economic growth at a moment when the people of our country need it
stimulated most.

Williams can be heard daily on Sirius/XM Power 169 from 9 to 10 p.m. and from 5 to 6 a.m.

Visit www.armstrongwilliams.com.