The Wall Street Journal uncovers what happened, but we’ve discussed it quite a bit here already. The banks were allowed to over leverage themselves to the point of failure.
Sure, relaxed rules on home ownership were a contributing factor to the downfall, but that was a symptom of the disease of easy credit, not the sickness itself.
In this first part, note around the 4:15 mark how the era of easy money was at its worst during the period...
Stimulate This, Baby
Michael Boskin is a professor of economics at Stanford University and a senior fellow at the Hoover Institution. Today, in the Wall Street Journal, he proposes a temporary payroll tax...
The Hankster: Where the independents are 8/7/09
INDEPENDENT VOTERS More from Quinnipiac and Field polls on independent voters’ views Deficit a Growing Concern for Public — and White House (By GERALD F. SEIB, Wall Street...
Most Economists Against Second Stimulus
Well, most economists the Wall Street Journal asked, so if that’s not your brand of whiskey, take it for what it’s worth. But as I’ve said recently, there’s really no...
Gallup: Obama’s Support Among Independents At 53%
Cause for alarm? If you track polls it might be because it has dipped to its lowest mark since he took office. And that means his overall rating has dipped to 58%. Here are the...
Remembering Obama’s Opposition to Roberts
The Wall Street Journal helpfully reprints, without direct comment, Barack Obama’s written justification for voting against John Roberts for the Supreme Court. After reading Obama’s...
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