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Well, yes. One could argue that their failure to regulate the banking industry around things like variable rate mortgages and predatory mortgage sales practice was responsible. But since that would be likened to a restrictive social program, it was not very popular until AFTER the housing crisis.
Well, yes. One could argue that their failure to regulate the banking industry around things like variable rate mortgages and predatory mortgage sales practice was responsible. But since that would be likened to a restrictive social program, it was not very popular until AFTER the housing crisis.
the housing bubble started in 1995 (and busted in 2007) when Clinton's chief of HUD Henry Cisneros (and later with the second chief of HUD Andrew Cuomo) changed the mortgage rules..... all in the name of social good
I watched a new documentary on fentanyl use and how it is ravaging Vancouver in Canada. Drug users get free Narcan kits. One guy said he has used it on his friends three times. One nurse in a hospital they were profiling said they have seen the same patients come in as much as 7 times in one day for overdosing, and need narcan. Seven times. They have regulars who they see all the time for ODs. People are shooting up on the streets, totally strung out. Emergency responders have been overwhelmed. 70% of the local fire department's calls in this one particular neighborhood have been for ODs. It's been a huge spike.
I see these free kits, personally, as enabling the users. The hospital staff recommends a treatment program (that is probably also free) each time they get a patient who has OD'd, but the patients usually leave and go straight back to using. And have their free kits to save themselves or others. Some people flee the hospital even before the social worker or nurse can advise them on treatment. People know that they will get their free narcan kits and that the first responders and hospital staff will be there with narcan for them, each time, likely for free.
There is a day once a month they call "Welfare Wednesday" when people get their government money and the banks are flooded with people withdrawing it, then overdoses spike because they start buying and selling drugs. So some of these people on welfare are drug users, and it is known that they use the money to buy and sell drugs and then ODs spike. One of those days, the hospital profiled nearly ran out of treatment and had to make an emergency call to another hospital for more. A whole cabinet full of life saving drugs for opiate users nearly empty, they had so many patients.
The problem in this area was not improving. It was getting worse and one EMT expressed concern that they could not go on "like this." I was getting angry watching. The free narcan, the free care, the "Welfare Wednesdays." IMO it seems to be a very flawed system. I just can't support it, personally. What a waste of funds and taxpayer money when most of these people don't learn and won't get help.
We make the same economic mistakes to fix past mistakes. We create a new bubble that will also pop.
Stupid is as stupid does. Some are addicted to heroin. Some addicted to money. Cut off Narcan and addicts will die. Cut off programs to Wall Street and brokers will leap from buildings. Can we cut them both off?
All of my friends and family have fed, clothed, and housed their families without any help.
I'm willing to help people in need. I'm not willing to help people who suck.
Roger that. And boy...do we have a lot of people who suck in America.
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