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Cash For Clunkers – Stimulus Or Boondoggle?
Cash for Clunkers, the federal program that pays $4,500 toward the purchase of certain new cars, is tremendously popular. But as with all government handouts, for everyone who benefits, someone else pays a price. Only a reasoned examination of all of the costs together with the benefits can the balance between the two be evaluated. This article does just that.
Unintended Consequences of Government Intervention (Our Biggest Risk to Economic Recovery)In the last 90 days the mortgage industry has seen sweeping changes to our practices in the name of “mortgage reform.” From the outside, the philosophies sound great, but in application they will end up taxing the mortgage industry (time, money, effort) and hurting the consumer.
