Slow steps to nationalizing the US financial sector
Tweet Summary: Consensus opinion has slowly moved from characterizing this as a “subprime mortgage problem” to a “mortgage problem.” That is progress, but we have far to go before they see the full...
View ArticleA look at America’s future – grim unless we get smart and pull together
Tweet The current generations of Americans were born to affluence (most of them, that is), and few have any idea how quickly it can all go away. As it did for Latin America — rich after WWII, poor...
View ArticleWho should we blame for the mortgage crisis?
Tweet Here are questions asked on the FM website this week (some of these were assertions, which I’ve rephrased at questions). Click on the question to go directly to the answer. Did FNMA and the...
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