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All Posts Tagged With: "Lenders"

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 re-election”, and the corollary is “Take care of my deep pocket [...]


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 [...]


Senate Passes Stimulus Package - House To Work Quickly On Approval

The US Senate passed a stimulus package a short while ago.  From the Wall Street Journal:
The Senate passed an economic rescue plan that would speed $600 to $1,200 in rebates to most taxpayers and $300 checks to low-income people, including disabled veterans and the elderly. The 81-16 vote capped more than a week of political [...]