Financial Fiasco – Johan Norberg
President Bush’s aim was to create an “ownnership society” where citizens would be in control of their own lives and wealth through ownership, which would promote both independence and responsibility. But that did not just mean free markets based on private property rights – it was the expression of a willingness to use the levers of government to treat ownership more favorably than other contractual relationships in the marketplace. One of Bush’s key objectives was to increase the proportion of homeownership, and two of his best friends in that endeavor were called Fannie and Freddie.
(da Financial Fiasco di Johan Norber, edito da CATO institute, pag. 36)
