Posts Tagged “Bush Administration”

News Sources wrote an interesting post today on
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Today is my birthday, so I thought a Monday Rule 5 post would be a good idea. “How to Get a Million Hits on Your Blog in Less Than a Year!” **Updated with more links later.** It’s been going on for a long time and this point, to argue otherwise is absurd. It’s not all President Obama personally, either. The only thing Obama has done, is to throw it into high-gear with an “in-your-face” attitude. Socialism is A Very Serious Issue . The Bush/Obama administration adopted

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News Sources wrote an interesting post today on
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Dont be stingy with your thoughts- stop by and comment! HAMP, HARP, TARP, TAMP, H4H …. If you think they all seem to do the same thing, you’re not too far off. Here’s a little decoding: The Bush Housing Plan: H4H = Hope for Homeowners Unveiled by Bush Administration in July 2008, ends September 30, 2011. The program – is available only to owner occupants and offers 30-year fixed rate mortgages – refinances mortgages for borrowers who are having difficulty making their payments, but

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News Sources wrote an interesting post today on
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Where has the Bailout Money Gone? Good Billions After Bad Vanity Fair by Donald L. Barlett and James B. Steele As the Bush administration waned, the Treasury shoveled more than a quarter of a trillion dollars in tarp funds into the financial system—without restrictions, accountability, or even common sense. The authors reveal how much of it ended up in the wrong hands, doing the opposite of what was needed. Just inside the entrance to the U.S. Treasury, on the other side of

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News Sources wrote an interesting post today on
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[ Editor's Note : Shah Gilani, a retired hedge fund manager and noted expert on the global credit crisis, predicted this developing FHA debacle in a July 2008 Money Morning essay .] By Shah Gilani Contributing Writer Money Morning Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, the Treasury Department and the U.S. Federal Reserve – used Fannie Mae (NYSE: FNM ) and Freddie Mac (NYSE: FRE

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News Sources wrote an interesting post today on
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Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, the Treasury Department and the U.S. Federal Reserve – used Fannie Mae (NYSE: FNM ) and Freddie Mac (NYSE: FRE ) to “legitimize” trillions of dollars worth of toxic financial waste known as subprime mortgages. The result was the worst financial crisis since the Great Depression – a mess that was global in nature. And we’re now headed for a re

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