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  • Republicans Subsidize Mansions - The GOP is missing its chance to stand for limited government.

    11/27/2011 6:43:19 PM PST · by neverdem · 28 replies
    NATIONAL REVIEW ONLINE ^ | November 26, 2011 | Andrew C. McCarthy
    Republicans Subsidize MansionsThe GOP is missing its chance to stand for limited government. Almost two weeks ago, when they figured no one was watching, the Republican-dominated House of Representatives, by an overwhelming 292–121 margin, voted to increase funding for the Federal Housing Administration. Just as government debt hit $15 trillion, edging closer to 100 percent of GDP, these self-proclaimed scourges of spending decided Uncle Sam should continue subsidizing mini-mansion mortgage loans — up to nearly three-quarters of a million dollars.  Given the straits that the mortgage crisis has left us in, to say nothing of the government’s central role in...