Morning Bell: The Wall Street Bailout Enhancement Act
During the debate on the housing bailout bill last week, Democrats consistently justified their “American Housing Rescue and Foreclosure Prevention Act” by citing the Treasury… Read More
During the debate on the housing bailout bill last week, Democrats consistently justified their “American Housing Rescue and Foreclosure Prevention Act” by citing the Treasury… Read More
While CNN reports that Americans are split evenly (49% for, 48% against) on bailing out people who paid to much for real estate, the newsroom… Read More
A publicly traded corporation announces a $2.2 billion quarterly loss, a dividend cut and warns that steeper losses are sure to come. One might expect… Read More
The United States likes to think of itself as a model of free markets. Unfortunately, in far too many sectors of the economy the reality… Read More
This week the House is set to pass legislation to help homeowners who spent too much on their homes avoid foreclosure. From the beginning, the… Read More
The New York Times had a disturbing story today on one element of the housing bailout plan Rep. Barney Frank (D-MA) plans to have on… Read More
Visiting Heritage scholar Wendell Cox has a new paper out titled “How Smart Growth Exacerbated the International Financial Crisis” in which he praises New York… Read More
CATO’s Timothy Lee makes a great connection between the absence of school choice in our current education system and the recent housing bubble burst. First… Read More
Pittsburgh Tribune-Review’s Bill Steigerwald posted a great Q&A interaction with Heritage housing expert Ron Utt this weekend. Excerpts include: Q: Is this subprime mortgage lending… Read More
Losses are mounting. The situation shows no sign of getting better. It’s clear that U.S. government intervention has made the problem only worse. The economy… Read More
