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It is the nature of economics that we go through these unanticipated cycles.... ...more
October 21, 2008
The federal government is poised for a massive bailout of some of our largest mortgage banks and to help homeowners facing foreclosure land loans that are less expensive. All of that pulls at most folks' heartstrings, and it should in many cases. However, we must tread carefully when making decisions like this that will cost all taxpayers a lot of money. ...more
July 25, 2008
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