Keyword: obama

House Committee releases harsh report and video on “government sponsored luxury”

House Committee releases harsh report and video on “government sponsored luxury”

Harsh words for President Obama The House Committee on Oversight and Government Reform has created and released the above video in conjunction with Committee Chairman Darrell Issa’s report “Government-Sponsored Moguls: Executive Compensation at Fannie Mae and Freddie Mac” which excoriates the Administration’s rhetoric on executive compensation for the private sector as well as decisions made regarding the recent large bonuses approved for ...

AGBeat | 2011/11/16  | 6 Comments News

Dear Mr. President, I Can Rescue the Economy!

Dear Mr. President, I Can Rescue the Economy!

I have an answer the foreclosure crisis and a way to turn around the economy at the same time. First, an outline of the problem:  The old way of doing things with foreclosures have not changed.  That’s the problem. After a property is foreclosed, the bank lists it with (mostly) the same agents they have been working with for years. ...

Fred Glick | 2010/03/07  | 27 Comments Politics

A Housing Fix or a Jobs Fix? Chicken or Egg?

A Housing Fix or a Jobs Fix? Chicken or Egg?

Now that health care reform is being given the slow morphine drip which can be characterized as assisted suicide or euthanasia Washington has turned its attention to jobs, jobs, jobs. It seems that everyone has gotten on the bandwagon about the unemployment situation (still in double digits) since there seems to be a “populist” uprising in the country. At least, ...

Ken Montville | 2010/01/31  | 16 Comments Politics

Economic Diffusion Works

Economic Diffusion Works

The more things change, the more they stay the same- Alphonse Karr I’ve been writing and/or speaking about the need for major mortgage reform and the industry’s pending demise for well over 3 years.   There’s really little left for me to say or bitch about.  Most of all that was wrong with the industry has been eradicated.  Really?  Really. ...

Jeff Corbett | 2008/12/14  | 11 Comments Economy