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All Posts Tagged With: "Alan Greenspan"

The Latest Treasury Bailout and the Law of Unintended Consequences

I have to admit, my thoughts regarding the latest financial debacles waver from one extreme to the other.  My initial instinct is that the markets need to be stabilized, and anything that provides a floor for a stock market in apparent free fall is a good thing.
My next thought is that $700 billion is a [...]


Everyone Deserves To Own A House, Right?

Well, Hillary appears to be attempting to make EVERYONE happy.
More government money to rescue folks who simply bought more house than they could afford. According to a Wall Street Journal story Tuesday, Hillary proposes:

Freezing Forclosures for 90 days
Freezing Interest-rate Resets on Sub-primes for 5 years
Establish a $30 billion fund so states and cities can [...]