The New York Times concerning Fannie and Freddie: The administration is still considering these and other options. The choice will reflect in large part a judgment about how hard the government should try to increase homeownership. Broader guarantees create greater risks for taxpayers, but also lower interest rates, bringing ownership within reach for more families. […]

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The day the new financial sector overhaul passed, I wrote Though one should notice that they didn’t figure a way to deal with government excesses “that tipped the nation into the worst recession since the Great Depression.” And it appears that I was right. Via Minyanville: The financial services reforms of the Dodd-Frank Act were […]

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It has been maintained by the terminally libertarded that our current economic crisis in America is because of deregulated “Free Market Failures” which has spurned on legions of Demotards screaming for government regulation of the financial sector.  But even as far back as 1999 our current economic woes which started with the housing bubble were […]

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