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02.19.2009 9:03 pm

Keep hammer in anti-foreclosure plan

AP Photo/Jae C. Hong

AP Photo/Jae C. Hong

President Barack Obama’s plan for preventing foreclosures and helping to stabilize the housing market is serious in scope and imaginative in approach — as far as it goes.

The plan, announced Wednesday in Mesa, Ariz., needs a hammer to…

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02.05.2009 9:03 pm

“Cram down” home foreclosures

an eviction team removed the furniture from her foreclosed house on February 2, 2009 in Adams County, Colorado. (Photo by John Moore/Getty Images)

An eviction team removed the furniture from her foreclosed house on February 2, 2009 in Adams County, Colorado. (Photo by John Moore/Getty Images)

Congress is considering bills that would allow federal bankruptcy judges to amend home mortgages, changing the terms to prevent…

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12.17.2008 9:00 pm

High rollers still rule credit bailout

FDIC Chairman Sheil Bair (Photo by Chip Somodevilla/Getty Images)

FDIC Chairman Sheila Bair (Photo by Chip Somodevilla/Getty Images)

President-elect Barack Obama insists he will protect Main Street, not just Wall Street, when fashioning a federal response to the credit crisis.

Perhaps so. Perhaps his “one president at a time” rule is causing…

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11.21.2008 12:23 pm

Compassionate conservative George W. Bush gives holiday gifts

Unemployed people wait in line at an unemployment office in Miami.

Unemployed people wait in line at an unemployment office in Miami.

Many large corporations have been promised or are jockeying for billions of government bailout dollars as the ecomonic meltdown continues.

President George W. Bush, a self-described compassionate conservative, walked his talk…

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