Webutante
2008-07-24 06:37:43
I agree with most of the comments above, Mary. If this is such a good idea, it will come about in the marketplace and there will be no stopping it. Government is rarely even a tiny bit of the solution. And everytime a law like this is passed and seems like such a good idea at the time, it back fires. Think of the Community Loan Act, or some such name like that, that passed in Congress a while back that required banks to start making loans to applicants who were not in the slightest bit qualified. The rest is history, but far from over for our economy.
The less laws and government intervention in markets the better, in my opinion. A nice story, but no cigar on this one.
