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Home loan guarantees had nothing to do with the financial crisis. The loans that failed were overwhelmingly issued by private institutions backed by capital fro
by snowwrestler 8y ago
Home loan guarantees had nothing to do with the financial crisis. The loans that failed were overwhelmingly issued by private institutions backed by capital from private institutions, and carried no government guarantees at all.
Drug costs also have little to with government subsidies since they are set by negotiation between private drug companies and private insurers. Medicare and Medicaid must pay those (privately set) prices.