Posts filed under “Taxes and Policy”

Quote of the Day: Bailouts

Sad, but true:

“If you’re a socialist, you should be happy. But you should really wonder whether you want people’s ability to pay for housing and college dependent on the motives of people in Washington.”

-Michael Lind, a fellow at the New America Foundation, a research institute in Washington.

Source:
Government as the Big Lender 
PETER S. GOODMAN
NYT, July 14, 2008   
http://www.nytimes.com/2008/07/14/washington/14guarantee.html

Category: Politics, Taxes and Policy

Whining US CEOs: Economy is “Dismal”

Category: Economy, Employment, Psychology, Taxes and Policy

CEO Sees Dismal Economy (Bunch of Whiners!)

CEOs portray a gloomy forecast for the US Economy, according to a new survey by Chief Executive Magazine:

Category: Credit, Economy, Taxes and Policy, Video

Fannie & Freddie Heading for “Conservatorship”

Category: Credit, Real Estate, Taxes and Policy

Uh-Oh! Bad Sign on Fannie & Freddie

Category: Contrary Indicators, Credit, Politics, Real Estate, Taxes and Policy

Poole: Fannie, Freddie `Insolvent’ After Losses

Category: Credit, Derivatives, Real Estate, Taxes and Policy

Quote of the Day: Citibank on Glass Steagel

We’re going way back for this one: “With an aggressive legal maneuver, Citicorp is taking another step in the battle to unshackle the banking industry from the restraints of the Glass-Steagall Act of 1933.  The strategy, being watched closely by the entire banking industry, has been used for years to push the deregulation of the…Read More

Category: Credit, Politics, Real Estate, Taxes and Policy

Should Congress Let Home Prices Fall ?

Category: Credit, Economy, Real Estate, Taxes and Policy

How I Spent My Stimulus Dot Com

Category: Economy, Taxes and Policy

No Money Down

Category: Credit, Real Estate, Taxes and Policy