Bruce Marks of the Neighborhood Assistance Corporation of America -- an outfit that has probably done more than just about anyone else to combat predatory lending and help low- and moderate-income folks buy and stay in their homes -- makes … [Read more...]
Recoup, re-regulate, and stimulate: Benchmarking the bailout
Recoup--Build in the mechanisms whereby taxpayers are made whole. Sen. Reed's proposal to buy equity as well as junk is the simplest way to do this but other means to this end are possible. While we're at it, restore Clinton-era tax rates … [Read more...]