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Tag Archives: fannie mae and freddie mac
What Caused The Housing Boom And Bust?
Dennis Prager talked to economist Tom Sowell, 79, on Dec. 15, 2009 about his new book “The Housing Boom and Bust”. Dennis: “Who caused this bust?” Tom: “Government. The people who were forced directly to make the bad loans under … Continue reading
Posted in Dennis Prager, Economics
Tagged community reinvestment act, community reinvestment act 1977, Dennis Prager, fannie mae and freddie mac, income minorities, tom sowell
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Why Does Real Estate Cost So Much In Coastal California?
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading
Posted in Economics
Tagged boom and bust, economist thomas sowell, fannie mae, fannie mae and freddie mac, financial qualifications, Thomas Sowell
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The Housing Boom
Check out the book on Amazon.com. Economist Thomas Sowell appeared on Dennis Prager’s radio show May 27: Tom: If the results weren’t so serious, all this would make a great Gilbert & Sullivan musical, with all the mutually contradictory statements … Continue reading
Posted in Economics
Tagged amazon, Dennis Prager, economist thomas sowell, fannie mae, fannie mae and freddie mac, Thomas Sowell
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Maybe The Bailout Worked?
I want to grind my teeth every time I think about the U.S. government bailing out banks, but this Washington Post article says the thing has worked: Sure, you can question how the money was used — many of us … Continue reading
Posted in Economics
Tagged credit default swaps, fannie mae, fannie mae and freddie mac, financial meltdown, lehman brothers, orderly wind
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Dennis Prager Interviews Financial Columnist Robert Samuelson
Click here to listen. It’s 20 minutes in. July 14, 2008. Robert says the government is bailing out Fannie Mae, Freddie Mac. "They are providers of mortgage credit. If you are as old as I am, you remember the days … Continue reading
Posted in Dennis Prager, Economics
Tagged Dennis Prager, different financial institutions, fannie mae and freddie mac, financial columnist, home mortgage loans, robert samuelson
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