Should We Be Concerned About GSEs Again? [View article]
Sounds reasonable, BUT how do we explain the fact that having Wall St become the dominant housing finance player has totally backfired and produced a worldwide financial disaster? Can anyone doubt that if the GSEs had remained "the only game in town" that underwriting standards would not have deteriorated anywhere near as far as they did? And wouldn't the GSEs have been able to maintain stronger corporate finances. We punished the GSEs and seem to have paid a huge price. Ironic, no?
Bernanke's Message Can't Be Any Clearer [View article]
If politicians and their minions will just let the market deal with the bubble, we'll all be better off. Things are self-correcting! We can't undo the damage done by Greenspan and asleep-at-the-switch regulators. Washington should focus on longer-term financial regulation that adds stability to our economy. Enough with the short-term fixes that set us up for punishing inflation!
Testing Hank Paulson's Resolve on the GSEs [View article]
Testing Hank Paulson's Resolve on the GSEs [View article]
I have no clue what the heck you are trying to say. Perhaps an English translation would help!
Should We Be Concerned About GSEs Again? [View article]
Bernanke's Message Can't Be Any Clearer [View article]