Some straight talk, not from the “Straight Talk Express” or the “Messiah for Change,” but from an American entrepreneur: Not all homeowners deserve to stay in their houses. Renting is a perfectly reasonable alternative, but the idea of Americans “losing their houses” is politically untenable. Why? Because America perpetuates a mistaken culture of homeownership. Owning [...]
Posts Tagged ‘mortgage bailout’
The Truth: What Obama and McCain won’t tell you about your money
Posted by BobG on October 8th, 2008
What Just Happened?
Posted by BobG on October 4th, 2008
Posted in Politics & Government 
Tags: barney frank, chris dodd, financial crisis, mortgage bailout 
No Comments »Linder: `Mark to Market` Explained
Posted by BobG on October 2nd, 2008
My Congressman, John Linder (R-7th GA), provides a good explanation of a phrase heard often during this week’s debate on the mortgage crisis. Linder points out that, contrary to the claims of the alarmists, there are options for dealing with the crisis. I hear those of you who say, `Don’t lift a finger to help [...]
Posted in Politics & Government Tags: john linder, mark to market, mortgage bailout, wall street No Comments »How to Solve the Financial Crisis
Posted by BobG on October 2nd, 2008
From one of my Georgia Senators, Saxby Chambliss, on the bailout bill: “We are seeing the symptoms now – lack of trust in the banking industry, daily tightening of the credit markets, losses in personal retirement accounts – and while this legislation addresses those issues, it also goes further to treat the cancer that got [...]
