Morning Bell: Let Hope Work Now
With President Bush’s letter to Speaker Nancy Pelosi Wednesday and John McCain’s speech in Brooklyn yesterday, now all three presidential candidates and the White House… Read More
With President Bush’s letter to Speaker Nancy Pelosi Wednesday and John McCain’s speech in Brooklyn yesterday, now all three presidential candidates and the White House… Read More
The early narrative of the housing market collapse featured all the usual suspects: sleazy mortgage bankers, shadowy lenders and pushy Wall Street brokers – all… Read More
Polling shows that while 61% Americans oppose bail outs for Wall Street investment companies, 56% support “the federal government taking steps to help prevent people… 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
