Fannie Mae and Home Mortgages, 1999

Just to be clear, it was the New York Times that reported in 1999 “Fannie Mae Eases Credit To Aid Mortgage Lending“.    The noteworthy extracts from the story: Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under

How Many Zeros in a Billion?

This is too true to be funny.  Thanks to Joe Knecht… The next time you hear a politician use the word ‘billion’ in a casual manner, think about whether you want the ‘politicians’ spending YOUR tax money.  A billion is