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A housing bailout might be a boon, but Bush's housing bailout is a bust
By Martin Bosworth For those who don’t know, last week President Bush and Treasury Secretary Henry Paulson unveiled a “mortgage rescue plan” (NOT a bailout, they desperately stressed) that would enable...
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There is a housing bailout going on–but it's not for you
By Martin Bosworth The Federal Reserve announced another $20 billion in funds auctioned off to commercial banks today in order to help prop them up in the wake of the global mortgage meltdown....
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Fannie and Freddie, the economy, and the election
In case you haven’t heard, Treasury secretary Henry Paulson announced this morning that the Treasury was taking over government-sponsored mortgage giants Fannie Mae and Freddie Mac. To get an idea of...
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An urgent request
Please Respond Immediately Forthwith In Confidence Dear American: I cordially correspond today to request you to support an urgent secret business relationship with a transfer of funds of great...
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