How HUD Is Destroying Housing in America | 3/20/25

We begin today by applauding Trump for signaling the demise of the Department of Education. The only problem is if he refuses to fight Congress in the budget or to ignore the courts, this action will never become law. Also, to mark the grim five-year anniversary of COVID fascism, I go through some state legislation trying to fix some of the biomedical security tyranny. Next, we’re joined by John Comiskey, a mortgage finance expert, who is using his social media to expose how the FHA is propping up hundreds of thousands of insolvent mortgages, trapping people in underwater mortgages, preventing foreclosures and market correction, and creating price inflation. He has pored over FHA loan data to discover how taxpayers are now essentially subsidizing people who cannot demonstrate financial solvency to remain in their homes indefinitely. This is a superlative example of how do-gooder socialism creates a vicious cycle of debt, inflation, and insolvency that makes home affordability worse than when the program was started.

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