Sub-Prime Memories are Short on Capitol Hill

Barney Frank and his dysfunctional House Financial Services Committee held another hearing this week on the financial crisis.  This one featured appearances by Paulson, Bernanke, and the other usual suspects who are commanding U.S.S. Bailout.  In other words, many captains but still no navigator.  Read more

Taxpayers Crushed by the Destructive Push for Home Ownership

Stakeholder Industries Push the Myth that Home Ownership is for Everyone 

Everyone agrees that that the current crisis in the financial markets is caused by the billions of dollars in mortgage loans that are in default, and by the reality that the amounts owed exceed available equity in the associated real estate.  Enough said about that. 

Mr. ToughMoneyLove has some additional hard truth. Read more