The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy things would have been a lot messier without it.

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Obama's health care plan will be written by a committee whose head John Conyers says he doesn't understand it. It'll be passed by Congress that has not read it signed by a president who smokes funded by a Treasury chief who didn't pay his taxes overseen by a Surgeon General who is obese and financed by a country that's nearly broke. What could possibly go wrong?