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And what about the costs to society--intangible, but nonetheless real--of a governmental policy that changes the rules midstream and that penalizes the honest, hardworking folks who worked to pay off their modest $150,000 home while their neighbors bought into a $500,000 McMansion and refinanced it five times to pay for expensive automobiles and big-screen TVs? When a government loses the confidence of those of its citizens who have played by the rules, it has lost its entire foundation.
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