Category Archives: Journalism

What Are The New Rules For New Home Ownership?

Financial advisors used to recommend stretching yourself financially when purchasing your first home. No longer. Now almost all home lending is done or supported by some facet of the federal government. This is the one-year anniversary of our financial system … Continue reading

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Thomas Sowell’s New Book: The Housing Boom and Bust

Check out the book on Amazon.com. Economist Thomas Sowell appeared on Dennis Prager’s radio show May 27: Tom: If the results weren’t so serious, all this would make a great Gilbert & Sullivan musical, with all the mutually contradictory statements … Continue reading

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Desperate Journalistic Attempt To Shift Blame From Fannie/Freddie

Here’s a column from the Heritage Foundation: Desperate to defend the incoming corporate-socialist order, the Center for American Progress again defended Fannie Mae and Freddie Mac after Wednesday’s presidential debate. CAP’s Wonkroom notes that John McCain accused Fannie and Freddie … Continue reading

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Information Deficit Fueled Wall Street Meltdown

From the Sacramento Bee: The absence of information prevents the markets from valuing so-called mortgage-backed securities – a failure which, in a vicious cycle, forces banks to write down the securities’ value on their balance sheets, resulting in huge losses … Continue reading

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Fox News Vs. Barney Frank

From Media Matters: During the October 5 Fox News special Saving Our Economy, chief White House correspondent Brett Baier repeated or failed to challenge numerous false assertions about the role of affordable housing initiatives in the financial crisis and Democratic … Continue reading

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Memo To Mainstream Media

If you want to constantly attack payday loans, then abandon any pretense to journalistic objectivity. The articles recently published about this matter, all of them vilifying the practice of payday lending, fail even the most basic standards of decent reporting. … Continue reading

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