We all know that local property tax revenues are what support law enforcement, fire protection, education, etc. But most folks don’t understand the labyrinthine formulas
In a recent Wall Street Journal article by reporter Rebecca Ballhaus (“GOP to Control Senate for First Time Since ’06 After Midterm Election Sweep”) one
Background. Quantitative Easing or “QE” is a process whereby the Fed purchases large quantities of long-term securities held by big banks. The Fed prints money
Quantitative Easing (“QE”) & Tapering. QE is a process whereby the Fed purchases large quantities of long-term securities held by big banks. The Fed prints
“The economic role of the state has managed to hold the attention of scholars for over two centuries without arousing their curiosity.” ~George Stigler, “The
Nationalmortgagenews.com recently carried a story (“Fannie Moves Aggressively on New Low-Down-Payment Loans”) by Kate Berry reporting on Fannie’s and Freddie’s [collectively, “GSEs”[1]] venture back into