Friday, October 21, 2011

Lucky to lose?


Mitt Romney, former governor of Massachusetts and current Republican candidate for president, has some strange views about the value of home ownership.

Romney says we'd all be better off if the government just stopped trying to help people stay in their houses in these tough economic times. If they lose their homes, well, so it goes.

Romney was talking about real people struggling to hang on to their homes. Ironically, he managed this cold assessment in Las Vegas, the worst real estate market in the country.

In essence, Romney said, forget the American dream of home ownership. Just let Adam Smith's invisible economic hand open the door, come on in and take possession of your home.

Is anyone shocked that people have taken to the street to get the attention of people like Romney?

Romney was born rich and has always lived rich. He may not, probably does not, know anybody personally who has tried to explain to their kids or their spouse that it is a good thing that they are being forced to leave their home and a good thing that the speculators can now move in.

Romney needs to stand face to face with some of those who are struggling to save their homes and their way of life. He might be a little less harsh.

Then, like his father, who was President Richard Nixon's secretary of housing and urban development, he might understand what it means to work for the interests of those striving to make better lives for their families. He might not be so quick to tell them how lucky they are to be done with homes they love and how lucky they are to lose them.




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