Ron Paul in July 2002 spoke to the house when he presented his bill, the Free Housing Market Enhancement Act. His speech, Government Mortgage Schemes Distort the Housing Market, can be read in full on his congressional website. Ron Paul predicted the crash in the housing market:
Ironically, by transferring the risk of a widespread mortgage [...]
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Wisdom is better than weapons of war, but one sinner destroys much good.
— Ecclesiastes 9:18-
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- All Scripture quotations, unless otherwise indicated, are taken from The Holy Bible, English Standard Version. Copyright ©2001 by Crossway Bibles, a publishing ministry of Good News Publishers. Used by permission. All rights reserved. Text provided by the Crossway Bibles Web Service.
