Chris Dodd is gone and Barney Frank is retiring. Who will replace them to once again push bad ideas to the extreme, and create the next housing market debacle? If I told you someone wrote a letter to Congress with the following recommendations, would you believe me? 1. Let’s give bridge loans to jobless borrowers 2. Read the full article…
When local budgets need to be cut or taxes increased here are how the politicians prioritize. First, extra-curricular activities at schools. Then teachers, then police and fire, then the local library, then the parks, and then busing, trash pickup, and school lunch programs. Here are my priorities. First, teachers with tenure who haven’t taught anyone Read the full article…
Every night the local NBC affiliate in Phoenix has a sad foreclosure story. They rip the banks, Freddie and Fannie, the Obama “save the house” failures, errant paperwork, and in the end, thanks to the TV station, someone gets one last chance to get a house back that was locked or ready for auction. But, Read the full article…