Archive for February 12th, 2011

Towards A Fannieless Future Or Maybe Not

Well the Obama administration’s proposal(s) for remaking the country’s mortgage finance system has finally arrived. It, to my mind, is both a reminder of the paucity of leadership we currently enjoy as well as an important document around which to frame, hopefully, a private system which delivers unsubsidized mortgages. As with health care, Obama has […]

Surprise, Toyota Not Guilty Of Building Killer Cars

It hasn’t been splashed all over the front pages or the subject of unending discussion on the cable news shows, nevertheless Toyota has been found not guilty of manufacturing cars that go speeding off on their own. The NHTSA says now that “pedal misapplication” was the culprit. Government investigators have rejected claims that electronic defects […]