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Let’s Eliminate PMI-As-We-Know-It
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SEC Loosens Rigid Accounting Rules
Rigid mark-to-market accounting rules may have triggered the current financial crisis by artificially undervaluing mortgages and securities (making financial institutions appear insolvent). Even the…
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The Market’s Winners and Losers
The People have spoken. They have picked the Market over the Government to be the chooser of winners and losers. Here are the Market’s choices…
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What Are Markets For?
There are all sorts of people today who normally talk about free markets but who have got themselves into a tizzy over the failed bailout.
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Republican Study Commitee plan now best viable alternative
The stunning defeat of the Hank Paulson’s socialism-for-Wall Street bailout on Monday has just made planks of a pro-free market alternative much more viable. As…
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Bailout fails — Move on to Mark-to-Market Reform
Oh, Happy Day! And it certainly is for all those who value freedom, responsibility and the true free market in which individuals are free to…