John Cohn
The Recession Downtown
Mark your calendars.
It’s the third quarter, and the worst appears to be over.
It’s the third quarter, and the worst appears to be over.
Cram It!
As the next wave of foreclosures gets ready to hit, Congress is on the verge of telling the nation’s mortgage lenders to cram it.
Democratic leaders on Capitol Hill are warning lenders that unless they step up their efforts to modify troubled home loans, Congress will revive a mortgage cram-down bill that stalled in the House earlier this year. Not surprisingly, the loudest threats have been voiced by House Financial Services Committee Chair Barney Frank (D-Mass).
Democratic leaders on Capitol Hill are warning lenders that unless they step up their efforts to modify troubled home loans, Congress will revive a mortgage cram-down bill that stalled in the House earlier this year. Not surprisingly, the loudest threats have been voiced by House Financial Services Committee Chair Barney Frank (D-Mass).
The Negative Optimist
Do you see the glass half empty or half full?
If you’re anything like me, you’ve probably answered the former, but are worried that some butterfingers may drop the darned thing before you get the chance to assess its volume.
If you’re anything like me, you’ve probably answered the former, but are worried that some butterfingers may drop the darned thing before you get the chance to assess its volume.
New Ben? New Fed?
It could have been Bill Clinton or George W. stumping for votes.
But there he was fielding questions, cracking jokes and kissing babies.
But there he was fielding questions, cracking jokes and kissing babies.
The Big Adiós
Sometimes it is tough to say goodbye to the ones we love.
Other times, we just can’t wait for them to hit the road and never come back.
Other times, we just can’t wait for them to hit the road and never come back.
Obama Draws the Line
You can’t follow the action without a scorecard.
As the bailout has progressed, everyone has become familiar with the roster.
As the bailout has progressed, everyone has become familiar with the roster.
Seeing Is Believing
Folks who believe in conspiracies never take the facts for granted.
One of my personal favorites is the claim that the only lunar step that Neil Armstrong or any astronaut ever took was on the set of a Hollywood sound stage. Despite the mountain of evidence to the contrary, and moon rocks on display at the Smithsonian, you’ll never dislodge these conspiracy theorists from their staunch beliefs.
One of my personal favorites is the claim that the only lunar step that Neil Armstrong or any astronaut ever took was on the set of a Hollywood sound stage. Despite the mountain of evidence to the contrary, and moon rocks on display at the Smithsonian, you’ll never dislodge these conspiracy theorists from their staunch beliefs.
Because We Could
Like many Americans of my generation, I remember that balmy July evening.
Everyone crowded together to marvel at the fuzzy black and white images being broadcast from thousands of miles beyond the borders of our mind’s eye.
Everyone crowded together to marvel at the fuzzy black and white images being broadcast from thousands of miles beyond the borders of our mind’s eye.
