Archive for September 15th, 2010

Legislation And The Law Of Unintended Consequences

Legislation And The Law Of Unintended Consequences
  As I struggled with insomnia a few weeks ago, sweating out where the economy was headed, the new carried interest tax proposals, and the Dodd-Frank (aka Fin-Reg) bill, I dreamt I heard Barney Frank's voice quip “Fannie May and Freddie Mac are not in a financial crisis…..The more people exaggerate these problems, the more pressure there is on these… read more →