Sen. Dick Durbin’s much-discussed (and much-cussed) mortgage “cram down” legislation may come to a vote in the U.S. Senate this week, possibly as early as tomorrow. It deserves to pass. Thanks to the stranglehold that the banking industry has on Republican…
Let’s grant that the precarious condition of the country’s financial system requires government intervention on a massive scale. The hands-off-business Bush administration has confessed as much, and no responsible observer claims otherwise - although there is considerable disagreement about the right…
Here’s an advance look at one of the editorials that will appear in Tuesday’s Post-Dispatch and online at STLtoday.com/news/editorials.
MORE REGULATION, PLEASE
In the middle of a grinding credit crunch, Treasury Secretary Henry Paulson on Monday unveiled plans for a massive overhaul…
