"Even if we get all $700 billion back, let's assume the markets recover, we' holding assets long enough that eventually taxpayers get it back and that happened during the Great Depression when Roosevelt purchased a whole bunch of homes, over time, home values went back up and in fact government made a profit."Can somebody point me to a link that describes the Roosevelt Administration's profitable home purchasing program? I missed that part of the history of the great depression and I'm having trouble finding information about it with Google.
Friday, September 26, 2008
Great Depression History
In tonight's presidential debate, Obama said: