Tag Archive 'housing crisis'

The Bailout May Need a Bailout

Our government is now on the hook for trillions in mortgage loans, and traders are making money selling them more debt. The problem is that the bailout just may be suffering losses that are leaving our government scrambling to shuffle the pea from cup to cup. From Heidi Moore:
Look deeper, however, and the government isn’t [...]

Bad Housing Solutions, They Keep Coming

I have already given the only measure that I think makes sense when it comes to the housing crisis, but people keep coming up with others. Like most of the ideas coming out to deal with this crisis, Glenn Hubbard and Charlie Mayer try to convince us that the way to deal with our credit [...]