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Subprime mortgages, part 2
This is part two (of two) of your crash course on problems and solutions in the mortgage markets. Here's part one. There is also a great op-ed on the financial market impacts of these mortgage [...]
Subprime mortgages
In the Rose Garden last Friday, the President proposed policy changes to address problems in the subprime mortgage market. Here are his remarks and a fact sheet. I'm going to do this in three parts: [...]
Subsidizing Manhattan farmers
Here's an excerpt from Agriculture Secretary Mike Johanns' remarks to the Tennessee Farm Bureau Federation in Nashville on August 9th. Now you're looking at that map and you're saying to yourself, Mike, you're the Secretary [...]
Veto threat on House energy bills
As a follow-up to last night's note on the energy bills the House is considering today, here is the Statement of Administration Policy (SAP) on these two bills. The key sentence is: Because H.R. 2776 [...]