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A wake-up call for capitalism

Every once in a while, a story comes along which reminds even die-hard libertarians, conservatives, and capitalists that there are some legitimate roles for government, that protecting property rights and prosecuting fraud and violations of property rights is among those roles, and that capitalism does not mean the right to do absolutely anything in pursuit of a profit. Joseph Tauke’s must-read article examining foreclosure fraud around the nation is just such a story: a shocking wake-up call, a look beyond just one or two worst-case anecdotes into the disgusting behavior of banks and mortgage profiteers involved in home foreclosures. For the rest of my article on this very important topic, please see my article for Human Events today