The focus of “welfare reform” being primarily on the reduction and limitations of cash benefits is unfortunate. Too often it appears as though we are blaming the victims. This is not to say every TANF (Temporary Aid to Needy Families)…
On 11/12, the Post-Dispatch reported that the Salvation Army had opened a building at 18th and Pine to serve as housing for low income people. A total of $14 million was spent to create 102 renovated apartments. The money came…
For any economic proposal to have a positive effect on the economy it must be simple, well understood, and be well received by the general public. The mood of the country is important for the consumer is the one that…
There has been much discussion about the causes of the current economic problems facing the United States and the rest of the world. Some blame housing lenders, some blame investment bankers, some blame consumers for borrowing too much. Alan Greenspan…
Hm. Six acres. Five bedrooms. Three bathrooms. Two fireplaces.
Nice. And all for a couple with grown kids. What???? In his piece about Tom and Crystal potentially losing their $500,000 home (2/18) Bill McLellan has, unwittingly I think, shared with…
Re. the Guest Editorial, “Big boys are not that bright”, 3rd. Para.:
“We’ve got a bunch of geniuses on Wall Street who led our nations mortgage financing industry into disaster, backing kinky loans made by predatory lenders who behaved like the…
It’s deja vu all over again
Housing prices are in a never-ending downward spiral.
Foreclosures have surpassed the record set seventeen years ago.
Gas prices are out of control and fluctuating like a washing machine.
Ditto for Wall Street.
Inflation is out of hand with no…
The Post-Dispatch’s negative and oddly accusatory take on the state of the U.S. economy neglected to mention a few things that paint a different picture — one that folks outside editorial boardrooms and political strategy sessions see clearly:1. Unemployment, at…
Those people responsible for the sub-prime mortgage fiasco have done more harm to our country than the terrorists. It seems that we are our greatest enemy. While our service men in Iraq and Afghanistan are getting killed and wounded fighting…
I get a kick out of the Post’s crying for more regulation and trying to blame government regulators for the mortgage mess. Of course, what the Post does not tell you is that Congress, in its infinite wisdom, passed the…
