Category Archives: Economics

Mortgage Crisis Means No Tighter Regulation Of “government sponsored enterprises” (GSEs)

I cover the refinance industry here. David Smith writes: Roughly ten days ago, the Administration officially flew the white flag in attempting any further regulation of the GSEs. Legislation not pending?   As reported by The Wall Street Journal, with … Continue reading

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Memo To Mainstream Media

If you want to constantly attack payday loans, then abandon any pretense to journalistic objectivity. The articles recently published about this matter, all of them vilifying the practice of payday lending, fail even the most basic standards of decent reporting. … Continue reading

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Rip Van Winkle Investing

I stop by Rip Van Winkle Investing Monday morning, Feb. 25, to talk to my friend Selwyn Gerber. I wanted to figure out what to do with the spare millions I have lying around the hovel and figured Rip could … Continue reading

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Is The Mortgage Crisis Good For The Jews?

A concerned L.A. mom emails: How will the Morgage meltdowns/housing downturn affect the Jews in our community? I have seen many many Jews in my community (Fairfax-La Brea) turn to the "equity" in their homes to pay for tuition, weddings…trips … Continue reading

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Trust Can’t Be Copied

Kevin Kelly writes: When copies are super abundant, they become worthless. When copies are super abundant, stuff which can’t be copied becomes scarce and valuable. When copies are free, you need to sell things which can not be copied. Well, … Continue reading

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