U.S. Rethinks Roles of Fannie, Freddie
Isn’t this something we should have addressed before the crisis? Indeed, weren’t there people trying to get changes made at Fannie and Freddie for years? Now, government wants to rethink their roles? Rethink them how? To figure out how best these institutions can benefit politicians? Or the banks who [...]
From Tom Smith at The Right Coast:
It looks like we are pouring a lot of money we don’t have into technologies that very well may not work to solve a problem we are not sure we have.
It is a mystery to me how investing borrowed dollars in ineffcient sources of energy could be the answer [...]
Don Boudreaux’ column from the Pittsburgh Tribune Review:
The blessing for which we should be most grateful is that we still live in a society in which markets remain the chief means of directing economic activity. Let us give thanks that, despite the many hurdles put in the way of people who make their way in [...]
From a NYT editorial today:
Success is not guaranteed. Last year, a far more modest climate-change bill fell well short of a simple majority in the Senate. At least on the surface, it seems counterintuitive to impose new regulations (and, in the short term anyway, higher energy costs) on a struggling economy. Mr. Obama will need [...]
