Categories

Soft Case for Home Ownership: Forced Savings/Low Interest Rates

New Orleans        Dueling columns in the Times smashed the drunken or doped spin of the Realtors Association trying to claim that the housing market was “back” and in the “Your Money” section made a soft and shrugging case for home ownership:
“Indeed, many people who are buying at the moment are locking in mortgage rates [...]

Citizen Wealth from Birth

New Orleans Senator Charles Schumer from New York actually has a good plan which would substantially build citizen wealth: having the government give every child a $500 saving account at birth, matching it along the way with individual savings, and making it tax-free, so that at maturity, there would be a real increase in individual [...]