Category Archives: Politics

The Mortgage Meltdown In Prince George County

The average black IQ in the United States is 85. That’s the highest average black IQ in the world because American blacks, on average, are 25% white. The average latino IQ in the US is 89, the average white IQ … Continue reading

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Was Fraud At The Center Of The Financial Crisis?

The world economy crashed in 2008. What caused this crash? I’m watching the PBS Frontline story of January 22, 2013 about why no Wall Street executives went to prison for this. The first sentence says: “Fraud and potential criminal conduct … Continue reading

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FHA Mortgages Rise In Price

Another government housing program has had to reduce its subsidies. The free market has been constantly under attach by government intervention over the past 20 years but reality wins out. FHA mortgages are steadily getting more expensive and private sector … Continue reading

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Housing And Higher Education Bubbles

From Pragertopia: “Prager H1: Dennis talks to Glenn Reynolds, professor of law at U. of Tennessee and founder of Instapundit, one of the most read conservative blogs on the Internet. His new short books for Encounter Broadsides are: The Higher … Continue reading

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How Did We Get Into This Housing Mess?

George Gilder told Dennis Prager yesterday: “We have capital flight from the United States and human capital flight…moving to more attractive investment environments. This is the wrong time to go over the fiscal cliff in January, rescinding President Bush’s good … Continue reading

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Two Political Conventions Ignore Housing Policy

The Democrats have demonstrated a more activist housing program than the Republicans. They want more government involvement. They want more government subsidies. They want more government direction of the free market. But both parties have been sobered by the housing … Continue reading

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Why Do Liberals Hate George Bailey?

“Prager H2: Dennis talks to his good friend and fellow talk show host, Mike Gallagher. His new book is 50 Things Liberals Love to Hate.” Dennis: “Why do liberals hate George Bailey, the lead character in It’s A Wonderful Life? … Continue reading

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Obama’s Pioneering Role In The Subprime Bubble

When he was a community activist and a lawyer in 1995, Barack Obama led a discrimination lawsuit against Citibank that secured subprime mortgages for 186 African-Americans in Chicago. The Daily Caller reports that as few as 19 of these 186 … Continue reading

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New Mortgage Rules Coming

Getting a mortgage is a confusing process. Lenders prey on the ignorance of ordinary consumers, making much of their profit from their advantage in knowledge. THE LAT: New federal rules would require banks to provide homeowners with better information about … Continue reading

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CA Passes Foreclosure Protection Legislation

California will now have the toughest regulations in the country against foreclosing on homeowners who are in the midst of renegotiating their mortgage. All this legislation makes the mortgage business less profitable for lenders so that they will have less … Continue reading

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