GREEN
11/07/2008 05:12 am ET Updated May 25, 2011

Memo To US Government: 5 Ways To Fix The Housing Industry


Now that the United States Government owns all the mortgages, the guarantors of the mortgages, and the reinsurer of all the insurers, and possibly pretty soon $700 billion worth of foreclosed houses, what should you do with it?

Usually when a government nationalizes an industry, they have a plan for what they want to do with it. Now that the American government owns it, here are a few ideas that might help build a greener, healthier and more energy efficient nation. We have seen how when people are given the freedom to chose what they want instead of what is good for them, they pick granite counters instead of extra insulation. Now that you own all the lenders and guarantors and insurers, you can tell the people of this nation what is good for them and if they want a mortgage or insurance, that is what they get. Isn't nationalization wonderful?
Read the full story here.

Related:
Which US City Wants To Lead The Green Roof Race?
How To Switch To Renewable Energy At Home