by Henry Oliner | Jan 12, 2016 | Politics
from Kevin Williamson at National Review, From Sub-Prime to Sub-Prime: But Fannie Mae, the organized-crime syndicate masquerading as a quasi-governmental entity, has other ideas. Under its new and cynically misnamed “HomeReady” program, borrowers with subprime credit...
by Henry Oliner | Jun 6, 2015 | Economics
from Barron’s, The Road to Ruin by Thomas Donlan excerpts: The U.S. learned nothing from the financial crisis. The biggest problem perceived today in the Obama administration is that the rate of home ownership is at the lowest level since 1989. Like those of the...
by Henry Oliner | May 25, 2012 | Economics, Economy
The default belief of our economic history of the last 100 years has been an acceptance of the dynamic growth of capitalism punctuated by excesses of market greed that have to be corrected by the singular wisdom of government regulation. On closer examination many of...
by Henry Oliner | Jan 5, 2012 | Politics
Some of the most dangerous thinking in public policy happens when the ends are used to justify the means. Our constitution was designed to move slowly; separation of powers was meant to constrain ‘easy’ changes. Many social activists lament this. Bill Clinton had...
by Henry Oliner | Dec 31, 2011 | Financial, Politics
The outcome of the 2008 election centered around the financial collapse that hit just months before the vote. Even the most committed capitalists were taken by surprise at what seemed like a significant failure of capitalism. Outrage was magnified as taxpayer...
