Subprime Mortgages
A Sucker Born Every Minute
The sub-prime story made simple for those just now learning about it for the first time.
February 18, 2009 | Read More
Senator Chris Dodd Still Thinks We’re Stupid
Everyone knows he made a mint on discounted mortgages while neglecting to regulate the mortgage industry. The least he could do is tell the truth about it.
December 23, 2008 | Read More
Origins Of The Meltdown?
Did a well-intentioned but poorly thought out law from the 1970s lead to the economic collapse?
December 12, 2008 | Read More
Subprime Thinking
So-called “aggressive lobbying” from the banking industry kept our government from cracking down on crazy mortgages.
December 1, 2008 | Read More
Obamanomics
Obama is relying on two people who helped cause the economic meltdown to help him fix it
November 19, 2008 | Read More
Cue The Tar And Feathers
Alan Greenspan testified on Capitol Hill this morning. If you’re looking for one person to blame for the mess we’re in, Greenspan could and probably should be him.
October 23, 2008 | Read More
Playing Us For Fools
Two of our longest serving senators think we’re stupid. That’s the only explanation for the laughable alibis they’re trying to sell.
October 21, 2008 | Read More
A Deserving Victim Of The Crash
An AP article out yesterday says that many ethanol plants, which have popped up like warts in the last few years, are being shuttered. Good riddance.
October 9, 2008 | Read More
One Last Orgy Of Profits
The same bunch of bunko artists who brought us the current financial meltdown had a major hand in making a tank of gas cost as much as dinner out at La Folie.Playing Chicken Little about the Far East and increased demand was a convenient self-fulfilling prophecy for them. They and their puppets in the media kept shouting about prices going up and up and, lo and behold, prices did go up. A lot. Now they’re crashing. Coincidence?
October 8, 2008 | Read More
Home Inequity
As the Feds were staging their political sideshow last week, a handful of state attorney generals were hammering out the last details of a settlement agreement that makes at least one of culprits for our current housing bust pay the piper.
October 6, 2008 | Read More
