Texas Bankruptcy Laws

Real estate living trust a safer bet than joint tenancy  This article is interesting and Goggin is one of the few men out there who has fundamental principles of how to save and control money.via


Modular Homes Attract Residents  Michael Brown's company has been building homes slower lately.It can take up to six months to build a home, roughly twice the time it took before Hurricane Katrina, due largely


Treasury brings back the 30-year 'long bond'  If you think a 4.5 percent annual interest yield is a great return, Uncle Sam has a deal for you: a guarantee of that rate for the next 30 years.read


Back on the Stump: Tree Trunk Decor  Prices for vintage pieces of American craft furniture have been steadily climbing. Now a new generation of manufacturers and furniture makers are marketing lines influenced by a mid-20th-century movement that


Mortgage approvals up in April (Tiscali)  The BBA left its earlier estimate for the rise in underlying net mortgage lending in April unrevised at 5.0 billion pounds, down from a 5.1 billion pounds increase in March


US sues realtors group over Web-listing rule  As the official for-sale-by-owner real estate Web site, ForSaleByOwner.com has helped hundreds of thousands of homeowners sell fast and save billions in commissions.read more...

March 21st, 2008

The gospel according to moral hazard

“People in the financial community were able to take sectors of the economy hostage and we have to pay a ransom. The best we can hope for is to keep the ransom as low as possible and help the least undeserving.”

I DON’T know too many economists who get confused with preachers. But there are times when they talk about virtue and temptation as if they were free-market holy rollers. via Boston Globe



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