Housing Stimulus

Watching politics is akin, in my mind, to watching one of those teen horror shows, spoofed by movies like "Scary Movie."

One by one, kids are getting killed. As a member of the audience, we can see the killer skillfully gliding through the background, chainsaw or machete in hand, hacking and hewing his way through a cast of good kids who just made a bad choice. With a dollop of gratuitous nudity from time to time.

This is the best analogy I can come up with for the current political season. In the foreground you have a lot of people with good intentions, and in the background you have folks with the ability to kill jobs and industry skillfully gliding through the background, killing and killing again. Which brings me to the topic of housing stimulus.

As counter-intuitive as it may seem--given the recent housing bubble "pop"--your politicians are talking about introducing programs to create more demand for housing. The guy with the mask and the chainsaw did so well for us earlier, they want to extend his contract.

Is there any wonder that financial markets are in disarray?

Our financial system is a lot like the human body. Damage a part, and the body begins the process of repair. Some damage might be life threatening. Some may threaten the viability of a limb, finger, ear. The body doesn't care. It sets about attempting to fix the damage. New capillaries are formed. New veins are formed. The body attempts to set right what damage has been done.

Of course, there are times when you are best served by seeking help. But there is a huge difference between the code of ethics of medicine than that of politics. I think we are brought up on the Hippocratic Oath, to never knowingly do harm.

Politicians aren't so limited.

Rather than taking responsibility for creating the recent financial havok, they are now in the mood to create more mischief. Whether it's at your state level, or at the federal level, politicians are attempting to help by increasing artificial demand for housing. So, whether it's returning to sound financial practices, or simple energy policies that increase supply and reduce prices, we see politicians with Vision increasing the harm.

So, let's look at the latest fiasco afoot, "Independence Station."

Out of the box this Housing Solution is going to lose money. Happily, it will be a "fortunate few." This is just another example of the elite planning that goes into losing money. Go to their website. They don't even understand the irony of their sales pitch. "An hour's drive..."

Sheesh.

I usually end up rooting for the guy with the mask and chainsaw. It's just a movie, after all.