Yeah, you think they'd learn after the same program (under a different name) caused a massive outbreak of home repossessions.
Actually, it was banks giving mortgages with low rates and no credit checks, and then jacking them up.
Yeah, but where does the government gain it's money from? Surely not an international bake sale. It comes from the taxes of the American people. So in all effect, we all paid for that program.
This is the poorest argument ever. The government has no money except ours, because the government is the representation of the people in an administrative body. Redistribution of wealth from richer people to less never hurt the economy.