John and mixed neighborhoods a bunch of white people move to the neighborhood and open up cupcake stores everywhere. John liberals object to the alternatives. Home sweet home. Thats our show tonight. And now, john stossel. John do you own a home or plan to . Were told there are big advantages to Home Ownership. First, youll mange money, they make money. They say buying a home is the best investment you can make. Second, Home Ownership is good for the community because homeowners care more about their schools and maintaining the quality of their neighborhood. Finally, its your castle. You can do whatever you want with your house no landlord can kick you out. All good things for the homeowner if true. The problem is once our government thinks something is good, politicians usually think its their job to require it or subsidize it. And they do. Today 85 of american mortgages are guaranteed with by the government your tax money. Theres the fha, the federal housing administration, fannie ma
A bunch of white people move to the neighborhood and open up cupcake stores everywhere. John liberals object to the alternatives. Home sweet home. Thats our show tonight. And now, john stossel. John do you own a home or plan to . Were told there are big advantages to Home Ownership. First, youll mange money, they make money. They say buying a home is the best investment you can make. Second, Home Ownership is good for the community because homeowners care more about their schools and maintaining the quality of their neighborhood. Finally, its your castle. You can do whatever you want with your house no landlord can kick you out. All good things for the homeowner if true. The problem is once our government thinks something is good, politicians usually think its their job to require it or subsidize it. And they do. Today 85 of american mortgages are guaranteed with by the government your tax money. Theres the fha, the federal housing administration, fannie mae and freddie mac all of them
Preferences, but he did write, quote, this case is not about how the debate about how racial preferences should be resolved. It is about who may resolve it. There is no authority in the constitution of the United States or in this courts precedents for the judiciary to set aside michigan laws that commit this policy determination to the voters. The dissenting votes coming from justices Ruth Bader Ginsburg and Sonia Sotomayor who wrote at length about what they call persistent racial inequality. Todays ruling expected to have racial implications. And now other states may try to follow suit. Especially after a Supreme Court decision last june that made it far more difficult for Public Schools to justify the use of race in their admission policies and criteria. Perhaps no one more disappointed than u. S. Attorney general eric holder who boldly two years ago declared he could not fathom a world where affirmative action would not be required. I cant actually imagine a time in which the need
Preferences, but he did write, quote, this case is not about how the debate about how racial preferences should be resolved. It is about who may resolve it. There is no authority in the constitution of the United States or in this courts precedents for the judiciary to set aside michigan laws that commit this policy determination to the voters. The dissenting votes coming from justices Ruth Bader Ginsburg and Sonia Sotomayor who wrote at length about what they call persistent racial inequality. Todays ruling expected to have racial implications. And now other states may try to follow suit. Especially after a Supreme Court decision last june that made it far more difficult for Public Schools to justify the use of race in their admission policies and criteria. Perhaps no one more disappointed than u. S. General eric holder who boldly two years ago declared he could not fathom a world where affirmative action would not be required. I cant actually imagine a time in which the need for dive
Can never use racial preferences, but he did write, quote, this case is not about how the debate about how racial preferences should be resolved. It is about who may resolve it. There is no authority in the constitution of the United States or in this courts precedents for the judiciary to set aside michigan laws that commit this policy determination to the voters. The dissenting votes coming from justices Ruth Bader Ginsburg and Sonia Sotomayor who wrote at length about what they call persistent racial inequality. Todays ruling expected to have racial implications. And now other states may try to follow suit. Especially after a Supreme Court decision last june that made it far more difficult for Public Schools to justify the use of race in their admission policies and criteria. Perhaps no one more disappointed than u. S. Attorney general eric holder who boldly two years ago declared he could not fathom a world where affirmative action would not be required. I cant actually imagine a t