Wall Street at the American Dream

October 17, 2008

Dust-Up

How to avoid the next housing bubble

Today's question: How do we avoid another disastrous housing bubble? Increased regulation, or trust the market to price risk better next time? Previously, Mitchell and Abromowitz discussed what Washington should do about Fannie Mae and Freddie Mac, John McCain’s proposal for the government to buy bad mortgages, the biggest players in the mortgage meltdown and whether Washington should give tax breaks to homeowners.

October 16, 2008

Dust-Up

What to do with Fannie and Freddie?

What's the right role and structure for Fannie Mae and Freddie Mac? How about the Federal Housing Administration? Previously, Abromowitz and Mitchell discussed John McCain’s proposal for the government to buy bad mortgages, the biggest players in the mortgage meltdown and whether Washington should give tax breaks to homeowners.

October 15, 2008

Dust-Up

McCain's bailout: moral hazard or economic salvation?

Today's topic: John McCain recently proposed that the U.S. Treasury buy up bad mortgages. How would that affect the mortgage and financial crises? Would McCain produce better results than the new Federal Housing Administration program and voluntary industry efforts? Previously, Mitchell and Abromowitz discussed the biggest players in the mortgage meltdown and whether Washington should give tax breaks to homeowners.

October 14, 2008

Dust-Up

Who are the villains of the mortgage mess?

Today's question: Who've been the real heroes and villains in Congress when it comes to housing policy? Previously, Abromowitz and Mitchell discussed whether Washington should give tax breaks to homeowners.

October 13, 2008

Dust-Up

Should taxpayers fund the American Dream?

Today's question: Should the government get out of the American dream business? Do we really need tax preferences and subsidies for home mortgages? All week, Daniel J. Mitchell and David M. Abromowitz debate federal housing policy in light of the financial crisis.