A free market consists of a marketplace that is free of government intervention. In a free enterprise market system, the government control is limited to the collection of taxes and the enforcement of contracts. In a free market system, the state or government does not regulate how goods and services are used. Instead, the principles of supply and demand [...]
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I keep seeing headlines like this. I don’t necessarily understand what it means. Mortgage rates continue to reach an all time low, and are expected to continue there decline. It reminds me of hearing slogans like, “Now is the best time to buy a car” or something along those lines. Then I hear how banks aren’t [...]
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Unfortunately, we keep hearing that more home mortgages are under water and sinking fast. What is an underwater mortgage? What percentage of under water mortgages become foreclosures? Are these investment opportunities? Would it be beneficial if the government changed the rules and ordered low mortgage rates for existing mortgages that are underwater? Please advise.
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As we contintue to build out this blog, we will discuss, in our opinion what the Free Market System is as well as why Free Enterprise is good.
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