David Coates

Posts Tagged ‘foreclosures’

May 6, 2013

America’s Half-forgotten Housing Crisis

            On the housing front, the good news is that the President wants Mel Watt to head the FHFA. The bad news is that, precisely because the President wants him, there is no certainty that Mel Watt will be confirmed. read more »
February 13, 2013

Cataloging Weaknesses in the State of the Union Address

  So, the State of the Union is strong, is it? Well, maybe it is for the people the President chose to speak about last night. But what about the ones he only mentioned in passing, or the ones that he omitted to mention at all?  What about the state of the union for those […] read more »
February 6, 2013

Waiting for the State of the Union Address

  SOTU addresses at the start of a second presidential term are relatively rare phenomena, and in recent times they have also been also relatively ephemeral ones. George W. Bush used his SOTU Address in 2005 to make a prolonged pitch for the partial privatization of Social Security.[1] That pitch went nowhere. read more »
July 10, 2012

The Unfinished Business of the Obama Administration: The Foreclosure Crisis

  Administrations are invariably criticized for things they do right, for things they do wrong, and for things they fail to do at all. They are invariably criticized for doing too much and criticized for doing too little. Conservative critics of the current Administration tend to do the former. Liberal, by contrast, would do well […] read more »
June 12, 2012

The Unfinished Business of the Obama Administration: Bank Reform

  As the big five American banks await the downgrading of their credit ratings by Moody’s Investors Service – a downgrading that is apparently due any day now[1] – it  is worth asking: after more than three years of the Obama Administration, where exactly are we on the substance of bank reform? Has it happened? […] read more »
January 29, 2012

Republican Truth and Real Truth: GSEs and the Housing Bubble

  In any wars of words in an election season, truth is often an early casualty. The war of words between Mitt Romney and Newt Gingrich is no exception. read more »
January 2, 2012

Time to Choose, America!

It is likely that 2012 will be long remembered as a watershed year in America politics. It certainly needs to be. read more »
September 14, 2011

Doing Two Things at Once: Jobs and Housing as Routes Out of Recession?

  Maybe it’s because of what I see every morning from my kitchen window– the view over coffee of my former neighbor’s foreclosed and rapidly deteriorating home – that the Obama Administration’s housing policy so depresses me. Or maybe what depresses me is the housing policy itself. read more »

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