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Karen wrote a post about the mom who had octuplets in California.  Let me be politically incorrect here… Be very careful how quickly you ask the government to step in and help those kids.  No matter what our opinion of these kids and their mom is, do you really want the government to step in...

This is Part Four of a series of articles on foreclosures. This article does not constitute legal advice. Foreclosure laws vary from state to state. Homeowners in financial distress should always hire legal counsel. Call your local state bar association for a referral.  Reduced or free legal aid ma...

There are four factors that helped drive up the price of real estate in the United States and create the housing bubble: The GSEs (Fannie and Freddie), the Community Reinvestment Act, expansionary monetary policy starting in 2001, and the 1997 Taxpayer Relief Act that for the first time let people a...

Being a consummate nerd, when driving I often listen to WTOP radio in Washington; it's an all-news/sports/weather channel. At :25 and :55 after each hour WTOP runs a business report.  Yesterday at 10:55am the business reporter noted that one company whose stock price was rising on what was gene...

Reader Tim Allen asks a very good question. I'm going to quote his entire email and then try to answer his question: I am a frequent visitor of your blog, Cafe Hayek. I saw your post about the new collection of essays about the financial meltdown. I feel compelled to write to you and Don although up...

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In the category of “D’uh!.” In the wake of Tim Russert’s heart attack the belief that “if we do everything right — eat healthy, exercise, undergo diligent screening, and get all of our numbers lined up in ideal ranges — that we can prevent heart disease, cancer, dia...