Heritage Foundation Leadership for America

July 15, 2008
Congress Should Fix the Fannie Mae and Freddie Mac Mess
By David C. John
(WebMemo #1993)
Sunday's announcement by the Bush Administration and the Federal Reserve seems to have cooled the immediate crisis concerning Fannie Mae and Freddie Mac. However, their ...

April 4, 2008
Economic Pessimism: No Excuse for Protectionism
By Anthony B. Kim
(WebMemo #1883)
Especially in a presidential election year, Congress must take a long-term view focused on strengthening economic fundamentals.

April 3, 2008
Subprime Mortgage Problems: A Quick Tour Through the Rubble
By Ronald D. Utt
(WebMemo #1881)
Proposals for new federal spending and credit programs would greatly expand the role of government in the economy while doing little to alleviate the distress ...

March 31, 2008
The Isakson Tax Credit: Another Approach that Won't Fix the Mortgage Mess
By David C. John
(WebMemo #1873)
Unfortunately, there are no simple or quick solutions to a highly complex financial situation.

March 31, 2008
The Housing and Financial Markets:
Congressional Action Could Disrupt Market Correction
By J.D. Foster
(WebMemo #1874)
Congressional action could prolong and exacerbate the current situation.

March 24, 2008
Frank-Dodd Approach Won't Fix the Mortgage Mess
By David C. John
(WebMemo #1864)
The most discussed proposals in Congress would make matters worse over the long term.

March 20, 2008
Preventing the Next Subprime Crisis
By David C. John
(WebMemo #1862)
If implemented properly, recommendations made by the President's Working Group on Financial Markets will help to prevent the next subprime mortgage crisis.

March 18, 2008
The Fed Engages as Economy Wavers
By J.D. Foster, Ph.D. and David C. John
(WebMemo #1857)
The health of the economy will depend significantly on the actions of the Federal Reserve in the days and weeks ahead.

February 7, 2008
President's Homeownership Proposals Should Be Sent Back to the Drawing Board
By Ronald D. Utt, Ph.D.
(WebMemo #1802)
Expanding the federal government's role in the mortgage market would encourage more irresponsible behavior.

December 13, 2007
HOPE NOW: One Step to Resolve the Subprime Mortgage Crisis
By David C. John and Alison Acosta Fraser
(WebMemo #1742)
Treasury Secretary Henry Paulson’s “HOPE NOW” is a far better way to deal with the hundreds of billions of dollars worth of subprime mortgages than ...

September 10, 2007
The Subprime Mortgage Situation: Bailout Not the Right Solution
By Ronald D. Utt, Ph.D., and David C. John
(WebMemo #1604)
The government's response should be limited to dealing with the immediate problem and should not become a vehicle for expanded housing programs or pushing other ...