Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.
“I don't think healthcare's a right. The only right you have is the ability to go out on an even playing field and work, and then purchase health insurance, or whatever it is.”
“Our economic freedom is founded on individual property rights; government should never be permitted to take those away.”