Tag Archives: nancy pelosi

Is The Disaster Of Fannie Mae A Game-Changer For Republicans?

Walter Russell Mead writes that the new book Reckless Endangerment provides the foundations for the 2012 election. He writes: “… Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and … Continue reading

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The Great American Bank Robbery: The Unauthorized Report About What Really Caused the Great Recession

Paul Sperry published the book The Great American Bank Robbery: The Unauthorized Report About What Really Caused the Great Recession. Paul Sperry was on Dennis Prager’s radio show today. Dennis: A liberal says Wall Street deregulated and irresponsibly packaged irresponsible … Continue reading

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Cheap Money If You Can Get It!

Mortgage rates are lower than ever but only those with sterling credit and big down payments can get mortgages and refinancing these days. Interest rates are at record lows, but credit card interest rates start around 12% and only get … Continue reading

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Do We Need A Second Stimulus?

From Blogging Stocks: Economist David H. Wang told BloggingStocks Tuesday the worsening economy “appears to be shifting the political winds in Washington and they [elected officials] may very well pass a second stimulus package.” “I think the prospects of a … Continue reading

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Mortgage Bankers Association Conference To Encounter Protests

Report: On Oct. 19-22, the Mortgage Bankers Association, a group which represents the real estate finance industry, will be holding their annual convention at San Francisco’s Moscone West. Featured speakers include the chief executives of Fannie Mae and Freddie Mac, … Continue reading

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What Rule By The Democrats Will Mean

From the WSJ: – The business climate. “We have some harsh decisions to make,” Speaker Nancy Pelosi warned recently, speaking about retribution for the financial panic. Look for a replay of the Pecora hearings of the 1930s, with Henry Waxman, … 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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California After The Federal Rescue Bill

Report: Pelosi and House Democrats delivered – again while House Republicans did not meet expectations. Two, Speaker Nancy Pelosi did an outstanding job with her leadership team of whipping the final bill. In terms of California Democrats, Joe Baca, Barbara … Continue reading

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Which Caucuses Opposed The Bailout?

From the New York Times: LOS ANGELES — Speaker Nancy Pelosi normally enjoys warm relations with members of the House’s black and Hispanic caucuses, but a large number of them revolted Monday against legislation, which she supported, to rescue the … Continue reading

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Congressional Compromises On Mortgage Bill

WASHINGTON (AP) — The Senate voted resoundingly Thursday to push closer to passage a massive mortgage rescue to help hundreds of thousands of stressed homeowners, even as the bill faced new obstacles in the House. It is far from complete, … Continue reading

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