Economy
A Tripartite Social Democratic Agenda: Hammer
Busted: Barney Frank Speech Ties Him To Housing Collapse: Gateway
Kickin' Butt at a Tea Party: Scott N.
Inhofe Warns TARP Recipients on ACORN: B&M
Regulators fell one bank, spare a rival: WSJ
Government bullying a serious matter: PJM (Rubin)
National Security
Al Qaeda, Oil Facilities, and a Global Economic Crisis: EnSec
Administration's loathing of the military accelerates: BH
McCain Does A "Napolitano": Bloviating Zeppelin
Socialized Medicine
Obamacare: UK denies “free” maternity care: Surber
Climate
Gingrich schools Gore: C-SPAN
Dear Greens, You Want To Save the Earth?: AmerDig
Al Gore's Money-Making Scam Exposed: JWF
Lisa Jackson Steals $11,000 from Every American Household: Heritage
Waxman buying votes on Carbon Scam: Examiner
World News
Rupert Murdoch on Israel: Shayne
Video: UAE Royal Tortures Victim: Jawa
Friends of Barack: Surber
Law
Tyranny Rising: Assault on Firearms: Langbert
Media
44's Poll Numbers Trail Those of 43: Gallup Covers It Up: HNN
Tech
1950's educational film: Facebook, electronic friendship generator: ManiacWorld
So Long, GeoCities: We Forgot You Still Existed: PCW
Rate of Fire: The Automatic Handgun: Military
"I think we have an excessive degree of concern right now about home ownership and its role in the economy. Obviously, speculation is never a good thing. But those who argue that housing prices are now at the point of a bubble seem to me to missing a very important point. Unlike previous examples we have had, where substantial excessive inflation of prices later caused some problems, we are talking here about an entity — home ownership, homes — where there is not the degree of leverage we have seen elsewhere.
This is not the dot-com situation; we have problems with people having invested in business plans for which there was no reality. People building fiber-optic cable for which there was no need. Homes that are occupied may see an ebb and flow in the price at a certain percentage level, but you’re not going to see the collapse that you see when people talk about a bubble. And so, those of us on our committee in particular, will continue to push for home ownership."
-- Rep. Barney Frank (D-MA), 2005
Không có nhận xét nào:
Đăng nhận xét