Until the federal government forcing banks to lend to un-creditworthy individuals caused huge bundles of mortgages to become unmarketable, causing a massive implosion of the capital markets and the puncturing inflated real estate values, it worked just fine. Sabotaging the free markets with such hocus pocus gimmicks is what didn’t work, and the Dems fought for that gimickery tooth and nail, and they still want more of the same. Destroying wealth is not redistribution of wealth, merely destruction.