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The examples of comments from our elected officials show how little regard they have for our intelligence and concerns are astounding. ...more
October 31, 2009
Rates on 30-year mortgages fell to the lowest level on record for the second-consecutive week after the Federal Reserve launched a new effort to assist the staggering U.S. housing market. ...more
April 3, 2009
Randy Miller blames the financial crisis on the Community Reinvestment Act of 1977 in his letter of March 25. In blaming the Democrats for the CRA, he seems to be unaware that the first George Bush signed a bill strengthening enforcement of its provisions. Even so, there is no way for any banker to be fined, let alone jailed, for violations. ...more
April 2, 2009
The message President Barack Obama delivered to Detroit on Monday was as remarkable as it was blunt: What is good for America will have to be good enough for GM. ...more
March 31, 2009
President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant. ...more
March 30, 2009
Civic activist Blaise Ingoglia said he spent 100 hours poring over sales data, court records and other documents to compile a statistical analysis on the state of the housing market in Hernando County. ...more
March 29, 2009
The Obama administration introduced a Web site this week to help troubled homeowners find out if they're eligible for relief under its loan modification or refinancing programs. ...more
March 21, 2009
Our Congress had a field day this week grilling the CEO of AIG, Edward Liddy, and making hay about bonuses that the company paid to some of its executives from bailout money. ...more
March 21, 2009
WASHINGTON - Angry lawmakers prepared to levy heavy taxes on employee bonuses at insurance giant American International Group Inc. and at other companies that received big U.S. government bailouts. ...more
March 19, 2009
The Federal Reserve said Wednesday that it will deploy an additional $1.2 trillion to try to lower interest rates and stimulate the economy, an aggressive move aimed at containing the recession. ...more
March 19, 2009
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