More Rules to Avoid Another Housing Mess
As Congress mulls what it can do to untangle the housing mess, it should take care to limit its largesse to helping only those people who really need help. We’ve already noted that Washington...
View ArticleHurry Up & Wait: Relief from Frank-Dodd Proposal Will Take Its Own Sweet Time...
Lawmakers say they want to speed FAST, FAST, FAST RELIEF to homeowners with mortgage woes. But the leading remedy on the Hill, the Frank-Dodd FHA Refinance Plan (H.R. 5830), will take many months...
View ArticleTales of the Red Tape #35: Reams of Simplicity from CFPB
The Consumer Financial Protection Bureau (CFPB) is a veritable wellspring of costly dictates and regulatory excess. Among the dozens of pending regulations it has concocted is a 1,099-page proposal to...
View ArticleAmerica Doesn’t Need a Federal Department of Subsidies
Politicians too often confuse “free money” with “free markets”—that is, they consider themselves pro-business when they work deals that make some businesses happy, even though it usually comes at the...
View ArticleSmall Business Administration: No Room for Sequestration Cuts?
Smith/MCT/Newscom The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are helping grow our...
View ArticleLooming Student Loan Interest Rate Hike: Prudent Next Steps
Newscom Next week, the House Education and the Workforce Committee will begin discussions about the interest rate on federal student loans, which is set to double on July 1. If this sounds like “déjà...
View ArticleMorning Bell: Time to Shrink the Monster
Does the debt ceiling affect YOU? It does—in many ways. A new video by Bankrupting America uses humor to call attention to an issue that is anything but funny, and why it matters for every American...
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