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Bush Blames You — Not Iraq — for Our Tanking Economy (Condi for President?)

Posted by bosskitty

Five years into Iraq, Bush denies any link between Americans’ economic pain and war spending.
… oil prices once again crested above $100 a barrel and more Americans than at any time since the Great Depression owed more on their homes than the homes were worth; in the year that the subprime market crashed, global [...]

Dodd: Two issues, one right and one wrong

Posted by nytexan

Here’s another great post by McBlogger who is always watching the banking and mortgage industry.
Sen. Dodd has two items coming up this year, one is a reform of the horrendous 2005 Bankruptcy Act that made it extremely easy for lenders to foreclose on the homes of ordinary people, not to mention the millions with medical [...]

Barney Frank Pimping For Big Banks

Posted by nytexan

h/t to McBlogger for a fine post on how Barney Frank has co supported bill that will make sure there isn’t anyone to keep the banks honest. And, take away the safety net that consumers have with mortgage brokers and keeping the market competitive.
Why is Barney Frank pimping for big banks?
This morning, HR 3915 [...]

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