Monty | June 11, 2009
The headline from the article sums the cause up quite nicely, Fannie Mae Eases Credit To Aid Mortgage Lending By STEVEN A. HOLMES Published: Thursday, September 30, 1999 You really need to read the whole article but a few excerpts. In a move that could help increase home ownership rates among minorities and low-income consumers, [...]
Monty | June 8, 2009
Reviewing a Bloomberg article on the “health-care overhaul” (how come they don’t call it “Universal” anymore?) I ran across the following paragraph that I had a little problem reconciling? Lawmakers have a plethora of proposals to raise the hundreds of billions estimated to be needed for an overhaul, including new taxes on soda, beer, and [...]
Monty | June 5, 2009
I was shocked by the headline this morning, “1 of every 6 dollars of Americans’ income is government check or voucher.” USAToday.com had the whole story, The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans’ income is now coming in the form [...]
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