Bailout Text
Posted by Jim Harper
The text of the bailout legislation is below. This comes from a version posted by the L.A. Times that says “discussion draft,” but it has the same file name as the bill posted on the House Speaker’s Web site, so I believe this is the bill that will be considered in the House tomorrow. [Update: [...]
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Wakeriding the Fannie ‘n’ Freddie Meltdown
Posted by Jim Harper
A good number of bills have been introduced this week to distribute blame and respond to the financial crisis triggered by the failure of the government-sponsored home mortgage enterprises.
“Wakerider” legislation – bills that follow the headlines – deserve some skepticism because the time is ripe for political posturing and other silliness, but some of the [...]
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