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Posted in$$$

Freddie Mac Bets Against America

It is easy to argue, post real estate bubble, and all the stupidity and excesses revealed in its aftermath, that lending standards should be tighter. But… well… [P]ublic documents show that in 2010 and 2011, Freddie Mac set out to make gains for its own investment portfolio by using complex mortgage securities that brought in […]

Posted inPolitics

Obama to Name Consumer Protection Chief While Congress Is Out of Town

About time: President Obama will challenge Senate Republican foes of the newly created Consumer Financial Protection Bureau by naming Richard Cordray as its director while Congress is out of town, according to a senior administration official. That would allow the agency to establish new regulations over financial institutions, putting into effect elements of the financial […]

Posted in$$$

Walmart’s New “Eco-Roof”: How Does This Make You Feel?

We just received an email from Walmart to inform us that their new Hayden Meadows store will include a vegetated “40,600-square-foot ecoroof” designed to decrease runoff, and save energy. Says the press release: “Walmart’s green roof not only meets the city of Portland’s internationally recognized sustainable stormwater treatment requirements, it is also one of the […]

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