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Bush Aid to Mortgage Holders only Aids Wall Street

Franklin @ August 31, 2007 # 2 Comments

As I pointed out yesterday, the administration is using the current crisis to strengthen Wall Street’s position in the biggest land-grabbing scheme since the XIX Century. Although it’s hard to analyze what Bush actually wants to do (he only said he was going to do something in the future), there are some inferences than can […]

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Obama on the mortgage mess

Franklin @ August 29, 2007 # 4 Comments

Short note today You can read the full FT article at MSNBC. I think it’s very brave from a politician to come out and declare that the government should do something because, from his point of view “our government failed to provide the regulatory scrutiny that could have prevented this crisis.” However, he misses completely […]

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