Quote of the Week

No price is too high …

Reuters (9/3 ’10): “Analysis: Obama running out of options to aid housing market”

“It is very very difficult to engineer some kind of large-scale foreclosure relief that doesn’t benefit at least one of two parties that (voters) don’t want to help,” [policy analyst Raj Date] said, referring to mortgage bond investors and homeowners who bought houses they could not afford.

Share

Related Posts

  1. Quote Of The Day (August 20, 2010)
    Tagged , in Finance, Politics

  2. It's War Alright — But Against What? Foreign Cenbanks Reverse Most of Last Week's Selloff (March 20, 2009)
    Tagged , , , in Federal Reserve, Finance, Politics

  3. The Crack of Doom – Week of September 10, 2007 (September 10, 2007)
    Tagged
  4. A Prerobust Week? Central Banks Add Just $7.2 Billion (February 27, 2009)
    Tagged , , , in Federal Reserve, Finance, Politics

  5. Haircut Wars? Foreign Cenbanks Dump $15.2 Billion of US Debt in Week (March 13, 2009)
    Tagged , , , in Federal Reserve, Finance, Politics

Written by

More posts by:

1 Comment for this entry

  1. twist says:
    September 4, 2010 at 10:01 PM

    Priceless.

    And I’m sure that not benefiting these hated entities is high up on the administration’s list of priorities.

Comments are now closed.