JUST before the end of the Obama administration the FHA issued regs lowering the rate paid on mortgage insurance by people taking out low-down mortgages.
"After four straight years of growth and with sufficient reserves on hand to meet future claims, it's time for FHA to pass along some modest savings to working families," said Castro.First thing the Trump administration did was cancel those regs.
"This is a fiscally responsible measure to price our mortgage insurance in a way that protects our insurance fund while preserving the dream of homeownership for credit-qualified borrowers."
"What a terrible thing to do to American homeowners. President Trump, with the flick of a pen, ended that new policy, making it harder for Americans of modest means to obtain their piece of the rock, the American dream – home ownership,"No, Chuck. You've got it exactly backwards.
REALLY, it was all out there right before your lying eyes today. Sen. Chuck Schumer (D-NY) said: Whatever our race, religion, sexual orientation, gender identity, whether we are immigrant or native-born, whether we live with disabilities or do not, in wealth or in poverty, we are all exceptional in our commonly held, yet fierce devotion to our country[.] He spoke, in other words about a "...
WHEN Donald Trump announced for the President of the United States on June 16, 2015, everyone laughed their heads off. Here's a flashback of all the MSMs laughing their heads off. Hmm. What did I think 19 months ago? The first time I mentioned Trump was on July 8, 2015, when I wondered "Whose Side is Trump On?" I waffled around wondering if he was a Clinton plant. But I shaped up at the end ...
I didn't really have my hopes up for La La Land, the supposed nostalgic musical that actually has songs, tap-dancing and a Bollywood-style opening production number. I heard that the songs kinda petered out in the later part of the movie. And then I heard about the unbearable whiteness of it. So it is a special pleasure to say that everyone enjoyed it, from 88-year-old grandma to us ...
WHEN A WHITE racist thug kills a bunch of black Charleston church ladies we are supposed to go into the Cringe. But when a black racist thug kills a bunch of Dallas policemen we are supposed, even by conservative writers, to get out of our partisan foxholes and fraternize with the other guys in political ...
TO THE UPPER CRUST, the nineteenth century was a never-ending worry. The old order was coming to an end, the cyclical world of agriculture and its wealth in land.... more
Andrew Coulson, Market Education
How universal literacy was achieved before government education
Carl Kaestle, Pillars of the Republic
How we got our education system
James Tooley, Reclaiming Education
How only a market in education will provide opportunity for the poor
James Tooley, The Miseducation of Women
How the feminists wrecked education for boys and for girls
E.G. West, Education and the State
How education was doing fine before the government muscled in
Hernando De Soto, The Mystery of Capital
How ordinary people in the United States wrote the law during the 19th century
F. A. Hayek, Law Legislation and Liberty, Vol 1
How to build a society based upon law
Henry Maine, Ancient Law
How the movement of progressive peoples is from status to contract
John Zane, The Story of Law
How law developed from early times down to the present
James Bartholomew, The Welfare State We're In
How the welfare state makes crime, education, families, and health care worse.
David Beito, From Mutual Aid to the Welfare State
How ordinary people built a sturdy social safety net in the 19th century
David Green, Before Beveridge: Welfare Before the Welfare State
How ordinary people built themselves a sturdy safety net before the welfare state
Theda Skocpol, Diminished Democracy
How the US used to thrive under membership associations and could do again
David Stevenson, The Origins of Freemasonry
How modern freemasonry got started in Scotland
David Aikman, Jesus in Beijing
How Christianity is booming in China
Finke & Stark, The Churching of America, 1776-1990
How the United States grew into a religious nation
Robert William Fogel, The Fourth Great Awakening and the Future of Egalitarianism
How progressives must act fast if they want to save the welfare state
David Martin, Pentecostalism: The World Their Parish
How Pentecostalism is spreading across the world
Work to restore the Road to the Middle Class. Heres how. Ground it in faith. Grade it with education. Protect it with mutual aid. Defend it with the law. more>>
The Road to the Middle Class is a journey from a world of power to a world of trust and love. In religion, it is a journey from power gods that respond to sacrifice and augury to the God who makes a covenant with mankind. In education, it is a journey from the world of the spoken word to the world of the written word. In community, it is the journey from dependence on blood kin and upon clientage under a great lord to the mutual aid and the rules of the self-governing fraternal association. In law it is the journey from the violence of force and feud to the kingŽs peace, the law of contract, and private property.
The incentive that impels a man to act is always some uneasiness...
But to make a man act [he must have]
the expectation that purposeful behavior has the power to remove
or at least to alleviate the felt uneasiness.
Ludwig von Mises, Human Action
But I saw a man yesterday who knows a fellow who had it from a chappie
that said that Urquhart had been dipping himself a bit recklessly off the deep end.
Dorothy L. Sayers, Strong Poison
At first, we thought [the power of the West] was because you had more powerful guns than we had. Then we thought it was because you had the best political system. Next we focused on your economic system. But in the past twenty years, we have realized that the heart of your culture is your religion: Christianity.
David Aikman, Jesus in Beijing
[In the] higher Christian churches... they saunter through the liturgy like Mohawks along a string of scaffolding who have long since forgotten their danger. If God were to blast such a service to bits, the congregation would be, I believe, genuinely shocked. But in the low churches you expect it every minute.
Annie Dillard, Holy the Firm
Civil Societya complex welter of intermediate institutions, including businesses, voluntary associations, educational institutions, clubs, unions, media, charities, and churchesbuilds, in turn, on the family, the primary instrument by which people are socialized into their culture and given the skills that allow them to live in broader society and through which the values and knowledge of that society are transmitted across the generations.
Francis Fukuyama, Trust
In England there were always two sharply opposed middle classes, the academic middle class and the commercial middle class. In the nineteenth century, the academic middle class won the battle for power and status... Then came the triumph of Margaret Thatcher... The academics lost their power and prestige and... have been gloomy ever since.
Freeman Dyson, The Scientist as Rebel
Conservatism is the philosophy of society. Its ethic is fraternity and its characteristic is authority the non-coercive social persuasion which operates in a family or a community. It says we should....
Danny Kruger, On Fraternity