What Congress Can’t Seem to Understand
The White House isn’t buying the Senate housing bill. As Benton Ives reports in Congressional Quarterly, President Bush is not too thrilled with the bailout… Read More
The White House isn’t buying the Senate housing bill. As Benton Ives reports in Congressional Quarterly, President Bush is not too thrilled with the bailout… Read More
Building on news that the bipartisan consensus behind the Senate’s “Foreclosure Enhancement Act” is beginning “to crumble,” the White House sent a letter to Speaker… Read More
Question: When is a $7,000 tax credit a problem? Answer: When it makes a bad situation even worse. And that’s just what might happen if… Read More
Yesterday House Republican leaders issued a joint statement outlining “Principles for Bipartisan Housing Legislation.” Many of the principles are sound in theory, but could also… Read More
The Heritage Foundation has been raising doubts about the Senate’s efforts to “do something” on the housing crisis for weeks now. With a vote scheduled… Read More
Considering how quickly the Senate is moving on a housing bailout bill (cloture scheduled for 2:15 Tuesday), it is surprising how universally unpopular some of… Read More
American businesses shed 80,000 jobs in March and 232,000 jobs in the first quarter of 2008, confirming that economy ground to a halt in the… Read More
According to the E.J. Dionnes of elite media groupthink, the current economic troubles are due solely to unfettered Wall Street greed and the federal government’s… Read More
CQ reports that the Senate is debating “a contentious bankruptcy amendment” to the broad housing bill now under consideration. The amendment sponsored by Sen. Dick… Read More
Covering the current financial turmoil Wednesday CNBC reported: The root structure of the credit crunch stretches wide and deep. Many of the financial instruments involved… Read More