Freddie Mac

In my opinion, this book ranks among those written by Adam Smith, Frederick Bastiat, and Ludwig Von Mises. Understanding Contoski’s message will make a reader a more effective participant in the fight to fix our country’s flawed economic policies.

It is a cliché, but true, that history repeats itself. This is largely due to the failure of each new generation to learn anything from the past as well as…

For every 100 mortgages being sold in the United States these days, at least 95 of them have government backing. We’re told America has a free-market economy? Not judging by the government’s involvement in housing, arguably the most important market there is. Most people can go years without needing health care. A healthy adult can go weeks without food. We cannot go one day without needing shelter.

No need to wait around three years and beyond to know what Barack Obama’s “legacy” will be. It will be failure. Few, if any, presidents have demonstrated his level of incompetence and ineptitude.

Like Captain Renault in the 1942 movie Casablanca, I am “shocked… shocked” to find that gambling has been going on in the mortgage-backed securities business. And so, apparently, is the…

With the news that there are signs of improvement in the housing market come plans to alter Fannie Mae and Freddie Mac, government-sponsored mortgage behemoths that have been under government…