(Via AmericaBlog.)
Supporting education makes fantastic sense but aren’t we just feeding the bubble by injecting even more cash? The cost of universities in the US has become crazy, unlike any other Western/rich country. No matter how you spin it, it’s impossible to say that the easy money credit hasn’t fed the high cost of universities. […]
(Via New York Times.)
The Senate proclaimed a fierce bipartisan resolve two weeks ago to help American homeowners in danger of foreclosure. But while a bill that senators approved last week would take modest steps toward that goal, it would also provide billions of dollars in tax breaks — for automakers, airlines, alternative energy producers and […]
(Via Crooks and Liars.)
About two weeks ago, John McCain, in a high-profile speech, unveiled his response to the mortgage crisis. Despite the seriousness of the issue, the GOP presidential nominee unveiled a classic YOYO policy: “You’re on your own.”
As the New York Times noted shortly after the speech, “The real core of his speech was […]
(Via LA Times.)
Amid widespread concerns about the nation’s mortgage crisis, John McCain outlined Thursday a proposal to help “well-meaning, deserving homeowners who are facing foreclosure” and called for a Justice Department investigation into possible “criminal wrongdoing” by unscrupulous lenders.
The proposals marked a shift in tone from McCain’s admonition two weeks ago against adopting a mortgage […]
