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Category Archives: Economics
If You Won’t Let The Free Market Work, You’ll Have To Wait In Line
The New York Times reports today: New York has been among the most aggressive states in trying to protect homeowners from foreclosure, granting new legal protections and turning courts across the state into teeming negotiation centers working to keep people … Continue reading
Posted in Economics
Tagged endless paperwork, foreclosure cases, foreclosure relief, government scholarships, grocery clerks, national foreclosure
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Best Buy Heads For Bankruptcy
I went to Best Buy on Pico Blvd last Wednesday and the customer service, when I was able to flag a reluctant employee, was shoddy at best. The employees rarely seem educated or enthusiastic, much like the folks I remember … Continue reading
Posted in Economics
Tagged earnings announcement, killer product, larry downes, ripe target, street column, wall street journal
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Who’s To Blame For The Housing Crash?
Dennis Prager recommends these three books: Architects of Ruin: How big government liberals wrecked the global economy—and how they will do it again if no one stops them by Peter Schweizer, Paul Sperry’s The Great American Bank Robbery: The Unauthorized … Continue reading
Posted in Economics
Tagged boom and bust, bush administrations, community reinvestment act, Dennis Prager, department of housing and urban development, fannie mae and freddie mac, federal housing administration, government liberals, peter j wallison, tom sowell
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Preparing For Tough Times
“You’re doing three smart things,” a secular Jew told me this week. “You’ve joined a tight community (Orthodox Judaism) where people help each other. You’ve learned a skill (teaching Alexander Technique) that you can make money from anywhere. And you’ve … Continue reading
Obama’s Mortgage Refinance Plan
(Reuters) – The government could unveil a plan in a few weeks to help up to one million struggling borrowers refinance their mortgages at lower rates. Anxious to do more to help the depressed housing market, Treasury Secretary Timothy Geithner … Continue reading
Posted in Economics
Tagged democratic lawmaker, mortgage borrowing, mortgage choices, mortgage interest rates, mortgage reits, timothy geithner
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