On the Neil Cavuto show today on the Fox Business Network, Ken Blackwell commented on Barney Frank and the House Democrats plan to reward speculators and borrowers for making bad decisions by rushing a $300 billion dollar bailout through.

Politicians need to just take a step back and allow the market to self correct. What we have is a situation where people bought and lived in houses that they couldn’t afford, and now those people will have to move into a home they can afford- That hardly seems like a terrible outcome, and such mortgage bailouts are certainly not fair to apartment renters.

As Ken Blackwell noted, the only true economic stimulus which can come out of Washington is when taxes are cut and when the heavy burdens placed on entrepreneurs are reduced. Here is the clip:


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