Tag Archives: Fed Chairman Alan Greenspan

So Fannie and Freddie Weren’t the Problem…

Popular Economics Weekly We are learning just how much mortgage fraud was committed by 17 national and international banks and other financial entities that the Federal Housing Finance Authority (FHFA) originally sued to recover some $200 billion in losses to … Continue reading

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Fannie Mae/Freddie Mac Dilemma Won’t End Soon

Popular Economics Weekly The U.S. Treasury is in a bind. Everyone seems to agree that Fannie and Freddie, wards of the government should be downsized, but how to do it without damaging the housing recovery? Extreme conservatives even want to … Continue reading

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What Will the Federal Reserve Do??

Popular Economics Weekly Now the fat’s in the fire. Both stocks and bond prices have been falling of late, due to the fear that the Fed will end its $85 billion per month QE purchases of Treasury and mortgage securities … Continue reading

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Payrolls Rising with Lower Labor Productivity

Popular Economics Weekly Suddenly it looks like the U.S. economy isn’t stalling. Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate fell slightly to 7.5 percent from 7.6 percent in March, reported the U.S. Bureau of … Continue reading

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Why Shouldn’t the Fed Do More?

Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading

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Dr. Robert Shiller Says No Housing Boom

The Mortgage Corner Dr. Robert Shiller, Yale Econ Professor, and co-creator of the Case-Shiller Home Price Index, has become very cautious in his latest articles. Don’t expect much in the way of a housing boom in 2013. He isn’t even … Continue reading

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Smart Government Creates Better Growth

Financial FAQs It is smart government that creates better economic growth, not smaller government, per se.  Smart government means effective government that finances and regulates what the private sector can’t or won’t.  So that doesn’t mean downsizing government for its … Continue reading

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Don’t Blame Fannie and Freddie…

The Mortgage Corner Please don’t blame Fannie Mae and Freddie Mac, guarantors of most of the housing market’s conventional mortgages and reason the housing market continues to function at all, for the housing bust. The bust was caused by the … Continue reading

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