Have I got this right? The government, i.e. the taxpayer, is coughing up millions of dollars of borrowed money, paying over 40 percent more to rehab houses, and renting them for less than $500 a month, including utilities ("Is this house worth 475K?" June 19). At the same time they are selling some for just $75,000 to people who probably won't be able to afford the mortgage, eventually leaving the bad loan to a bankrupt Fannie Mae orFreddie Mac.
And now the government wants to expand its involvement in the health care business? God help us all.
H. Williams, Baltimore