Fear the Boom and Bust – Keynes V Hayak Rap Throwdown

The best thing to come out of the economic disaster. … [Read more...]

Obama’s Homeowner Affordability and Stability Plan released


The Obama Administration has released the Homeowner Affordability and Stability Plan, which the Administration hopes will help as many as 9 million homeowners in danger of foreclosure. There are three main components to the plan. The first is aimed at assisting homeowners that still have equity in … [Read more...]

Bad Banks good for you?

In the ongoing effort to free up liquidity in the financial markets, the Fed has pledged taxpayer money to fund (I will call them suicide) banks that will by and hold the toxic assets that are currently plaguing banks . These bad banks will buy and hold with the notion that maybe, just maybe, after … [Read more...]