Rep. Michelle Bachman, (R-MN), told an audience at the National Press Club that for half the people with government-backed mortgages, “The government owns your home. Think about that.”
Student loans are 100% controlled and owned by the government.
The government owns the chief equity in the auto manufacturer General Motors.
She further noted that President Barack Obama favored a “single payer” form of health care provision in which the government would not only pay all medical bills, but would control the health care insurance plans that would make the payments possible.
“That's not the country we were all raised in,” she concluded.
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