Is The Crisis Abated?
On Sunday I shared some initial thoughts about the Fed take-over of Fannie Mae and Freddie Mac. If you read it, you know I’m not exactly happy about the outcome. My friend Bithead shared some great thoughts Monday, and I don’t disagree that something...
Government Mortages: The New Balancing Act
Today US Treasury Secretary Henry Paulson announced plans for the new Federal Housing Finance Agency (FHFA) to take Freddie Mac and Fannie Mae into conservatorship. The power to do this was provided in HR 3221 which was passed in July. The move includes replacement...Iowa Smoking Ban In Court
Bar owners got their first shot in court to get a stay ordered on the 2008 Iowa Smoking Ban. Some bar owners say they are losing business, some preparing to shut down for good. Although one admitted that gasoline prices and other economic issues may be impacting...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...Stay in Touch
