Pending Bank Regulation Threatens Housing Recovery
I was pleased last March to see that Congress was not overreacting to the problems in the subprime markets, and allowing the free markets to correct themselves. Well, that pleasure was short-lived. Yesterday, HR Bill 3915 was sent to the House for approval. Though well-intentioned, this bill as written, will further tighten credit just when […]
MTA’s New Expo Line – A Runaway Train
The MTA is planning on building a train route, this year, to run along the long abandoned rail line on Exposition Boulevard from Downtown to Santa Monica. Rather than build the train below grade (such as in a trench), they are building it at grade (at the same level as pedestrians and motorists). This is […]
