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Nation: The Senate housing welfare bill is as bad as you expected because it rewards businesses and people who gambled in the housing industry and lost. All responsible homeowners are getting screwed. The Senate on Thursday passed a bipartisan package of tax breaks and other steps designed to help businesses and homeowners weather the housing crisis. The measure passed by an impressive 84-12 vote, but even its supporters acknowledge it's tilted too much in favor of businesses such as home ..[next].
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The Fed's Risky Business by William F. Shughart II Before being appointed Federal Reserve Board chairman, Ben Bernanke was known best in academic circles for his work on the Great Depression. Mr. Bernanke concluded from his studies that America's economic recovery was due largely to the aggressive actions of President Franklin D. Roosevelt: "Many of his policies did not work as intended but in the end, FDR deserves great credit for having the courage to abandon failed paradigms and to do ..[More].
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