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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
Posted in Economics, Mortgages, Politics
Tagged balance sheets, david smith, equity capital, executive summary, fannie freddie, fannie mae, fannie mae and freddie mac, financial turmoil, freddie mac, government sponsored enterprises, home mortgage, mortgage investors, mortgage market, mortgage securities, paulson, regulators, surcharge, u s home, wall street journal, white flag
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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
Posted in Economics, Journalism
Tagged crazy idea, economic backgrounds, financial institutions, incomes, journalistic objectivity, mainstream media, narratives, New York Times, newspapers, payday loans, pretense, profession, short term loans, suggestion, testimonies, washington post
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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
Posted in Economics
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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
Posted in Economics
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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
Posted in Economics, Journalism
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