Category Archives: housing

Chicago Tea Party

Rick Santelli just went off on Obama’s housing proposal live on CNBC from the commodities trading floor in Chicago. It’s now the headline on Drudge: VIDEO: ‘The government is promoting bad behavior… do we really want to subsidize the losers’ … Continue reading

Posted in Chris' Page, Domestic Politics, Economics, housing, Investing, regulation, taxes | Tagged , , , , , | 1 Comment

Utter Insanity

Those are the only words I can think to describe this proposal. The Hubbard-Mayer plan calls for the government to revive the moribund housing market by providing just about everybody with access to a 30-year fixed-rate mortgage with a 4.5 … Continue reading

Posted in Chris' Page, housing, regulation | Tagged , , , , | 1 Comment