Out of Order

Out of Order

While JP Morgan CEO Jamie Dimon has been credited for a confident and feisty performance today in front of Congress, he was careful to not criticize their efforts thus far to regulate the financial services industry. Given that JP Morgan has been on the receiving end...
Housing Will Remain a Government Program

Housing Will Remain a Government Program

Recently, the Obama Administration seemed to flash a rare sign of laissez-faire thinking when it issued a report calling for the “winding down” of Fannie Mae and Freddie Mac, the two taxpayer-guaranteed institutions now responsible for backing at...
The Housing Boom and Bust

The Housing Boom and Bust

Hot off the press is my colleague Dr. Thomas Sowell’s 43rd book, “The Housing Boom and Bust.” The book is an eye-opener for anyone interested in the truth about the collapse of the housing market that played a major role in our financial market...
The Housing Boom and Bust

The Housing Boom and Bust

In the spirit of bipartisanship, my newest book– “The Housing Boom and Bust”– shows how both Democrats and Republicans ruined both the housing markets and the financial markets. Like so many disasters, the current economic crisis grew out of...