Taxes & Economy
Fannie Mae and Freddie Mac must go
Good article in the Christian Science Monitor on the need to privatize Fannie Mae and Freddie Mac. The Heritage Foundation blog also discusses how Fannie Mae and Freddie…
Media
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A Replay Of 1929? Don’t Count On It
Investor’s Business Daily editorial helps make the point that the panicked actions of President Bush and Congress to thwart another Great Depression were/are unsubstantiated, something Matt Brouillette also stated…
Media
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Marx was Right (Groucho, that is)
Washington’s response to the current financial trouble has affirmed Groucho Marx’s definition of “Politics”: “The art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong…
Commentary
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Bailout Passes, Stock Market Drops (and other myths debunked)
Remember how earlier today I said that those who point to the stock market as an indicator that the bailout needs to pass are being silly? The proponents of…
Media
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Are bailout proponents con artists?
In addition to the rhetoric that we need a bailout now, or we will face a great depression (which has been debunked), bailout proponents are selling the idea…
Media
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How Government Stoked the Mania
Great read in the Wall Street Journal on How Government Stoked the Mania, starting with Fannie Mae and Freddie Mac and later how the Community Reinvestment Act, and the…
Media
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Root causes of the financial “crisis”
I attended a conference late last week feature a number of economists, and was surprised to discover a great deal of disagreement about what caused the “crisis” in the financial…
Media
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Bailout Updates
Bill Text Side-by-Side Comparisons CNN Summary Sales Pitch Summary Boehner’s Sales Pitch Bush’s Sales Pitch WSJ Summary Rep. Mike Pence: “Republicans…
Media
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Free Market Alternatives to the Bailout
Pat Toomey of the Club for Growth hosted a conference a call to discuss the economics of the proposed bailout. Toomey commented that the financial market does not seem…
Media
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