August 1, 2008 at 10:36 am
We weren’t the only ones flabbergasted by David Broder’s recent praise for the National Housing Trust Fund. Cato Institute adjunct scholar Arnold King writes at EconLog: Broder helped ruin my day in a number of ways. First, he reminded me about this program, which I had only seen in early … More
June 24, 2008 at 8:46 am
Today the Senate is scheduled to vote on the housing bailout bill that has been circulating on Capitol Hill for so longĀ its title today is simply “a bill to provide needed housing reform and for other purposes.” When a bill’s title includes the phrase “and for other purposes,” you know … More
June 20, 2008 at 12:47 pm
The Washington Examiner has obtained a “confidential and proprietary” document produced by Bank of America and titled “FHA Housing Stabilization and Homeownership Retention Act of 2008.” The “Discussion Document” dated March 11, 2008, closely resembles the housing bailout bill drafted by Sen. Chris Dodd (D-Conn.) that the Senate is set … More
May 28, 2008 at 9:15 am
Just like any organized crime group, the Association of Community Organizations for Reform Now (ACORN) has a long and established history of using fraud, deceit and intimidation to achieve its goals. ACORN uses intimidation to shake down corporations for operating funds, deceives its own employees into supporting causes they don’t … More
May 5, 2008 at 1:19 pm
This week the House is set to pass legislation to help homeowners who spent too much on their homes avoid foreclosure. From the beginning, the bill’s architects have been ambivalent about how many people their plan would actually help. Over a month ago Rep. Barney Frank told The Hill it … More