No Destruction of Contract Law in NC

Shockingly, the Democrat-led North Carolina Legislature will NOT interfere with basic contract law and attempt to end foreclosures in North Carolina. They did, however, agree to take more money from working people to give to contract violators (criminals).

Government has no business in this area at all. The only role government should have is to ENFORCE the contracts, not attempt to make them void! If I agree to give you $5, but then I decide not to give you the $5 because I decide I'm "poor," what should happen? In a free society, you would be free to ask government to use it's monopoly on force to enforce the agreement and get me to pay.

However, in the world of the North Carolina General Assembly, everyone ELSE should pay a couple pennies to government, government should pocket a few dollars, then you should get $2 or so, and I should get nothing. That's what happens when there's "relief" or "fixes" for "too high a rate" of foreclosures, and it's plain wrong.

If you can't pay the bill, don't enter into the contract. If you default, I should not be obligated to pay for you, and neither should the government. Oh how I yearn for freedom.

Posted by: Ogre at 11:04 AM

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