All Posts Tagged With: "Risk"

It’s About Freedom

row-of-us-dollar-signsArthur Brooks, at  The Wall Street Journal suggests that there’s a bit of a culture war going on about the future of capitalism.  The headline suggests that “The Real Culture War Is Over Capitalism “

There is a major cultural schism developing in America. But it’s not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise — the principle at the core of American culture.

I dare suggest Brooks in this quote, has this exactly backward.  He’s pointing at a symptom and labeling at the root cause. Not that I blame him, really.  It’s been so long since we’ve dealt with things on the level of principle that even the more learned among …


What A Week: Housing

By now you probably know that both Freddie Mac and Fannie Mae have had very poor quarterly reports.  Worse than expected.  And now we’re in for worse trouble.

Money is now expected to be tighter as we roll into the fall and home buying will continue to be slow due to the fact rates will be higher and people will be disinclined to borrow and therefore buy.

Don’t mind the fact that having the media and the industry simply telling the public that it’s bad probably causes a lot more people to sit on their hands.

With home prices as low as they are now, it’s the best time to buy.  The cost of money is already low and continues to be offset by the …


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