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Follow-up On The Housing Bill

In reference to my post on Saturday regarding HR 3221, the “Housing and Economic Recovery Act of 2008″, I discovered a site where there is a copy of the Congressional Budget Office Cost Estimate for HR 3221. Over the next ten years, according to the estimate, this...

Swamp Stomper Alert: Housing Bill Heads to White House

Well, it took almost 3 months, but Congress finally passed the bill today, on older version of which was  passed by the House in May, after some considerable back and forth between the Senate and the House.  The bill is HR 3221 (pdf), titled: “Housing and...

Another Good Reason To Be A Democrat

It’s so easy to get away with things.  Right in front of everyone.  No one seriously does anything about it.  We’ve seen it with Obama, Clinton, Clinton, and today, with Chris Dodd. I don’t know why I keep thinking that people like Dodd are...

Congress Should Not Micro-Manage The Economy

Not so much because tinkering with the economy on a regular basis is messy as much as having Congress doing the tinkering is just dangerous. Remembering that the Prime Directive of nearly every member of Congress is “Do nothing that interfere with my...

McCain Seeks To Help Homeowners

In Friday’s New York Times, there was an article about McCain’s new proposal to help homeowners who are in that borderline group of people that were impacted by the recent rate resets and yet are legitimately able to pay a fixed rate mortgage. The Times...
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