Tag: Housing Bubble

What We Do Not Want to Hear Anymore

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by Victor Davis Hanson

PJ Media

NO MAS, MR. PRESIDENT

The State of the Union could have been written [1] by a computer program. All the now familiar Obama furniture was in the room: the mock outrage at “them,” the psychodramatic first-person boasting (as in, “I will oppose..,” “I will not work with…,” “I will decline…,” “I will not stand by …,” I will not cede…,” “I will not walk away…,” “I will not back down…,” “I will not go back…”); the now customary rear-view-mirror jab at his fading predecessor; the monotonous promising that something is so bad that we must have a new program for it (each year the same threat, the same solution, the same failure); and the silence about the Obama legacy of stimulus, debt, and ObamaCare. Continue reading “What We Do Not Want to Hear Anymore” →

Bubbles, Bubbles Everywhere

victorhanson

by Victor Davis Hanson

Tribune Media Services

The 2008 financial crash originated with a housing bubble. Not long ago, the cheap-money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to millions of Americans lots of easy credit for houses whose inflated prices they could hardly afford. Continue reading “Bubbles, Bubbles Everywhere” →