Jeff Neal for C.U.R.E. - Certain Unalienable Rights Endowment

Commercial Real Estate – A look back

In Financial on February 5, 2011 at 5:13 pm

A slightly dated video of a certain prominent Washington, DC developer produced by Huffington Post.  Government actions will not and should not attempt to save the free market from its mistakes.  Too much leverage, cheap money, prolific development, unchecked risk-taking, and unrealistic economic predictions led to a bubble.  It had to burst, but the government ill-advisedly socialized the pain rather than let the flawed business plans result in failure and losses.

See video here.

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