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Home | Commentary (page 20)

Commentary: Filling The Void

President Obama opened a big hole in his White House by tapping Jack Lew to replace Timothy Geithner as Secretary of the Treasury, leaving empty for the moment the role of Chief of Staff. Meanwhile, it may take a while before the impact of the long-awaited Consumer Financial Protection Bureau's rules on qualified mortgages will be felt. The CFPB heard the pleas of lenders and housing advocates to avoid taking steps to slow the incipient housing recovery.

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Commentary: From Fiscal Cliff to Fiscal Mudslide

It may not have been a fiscal cliff, but how about a fiscal mudslide? The deal reached by Vice President Joe Biden and Senate Minority Leader Mitch McConnell and forced down the throats of House Republicans (without involving their leader, Speaker John Boehner) wound up to be a glorified version of kicking the can down the road--a short road, as the next ""crisis"" comes in just two months, when the nation runs up against the debt ceiling. Too many words have already been written about the crises manufactured by setting arbitrary deadlines.

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Commentary: Addressing the Right Problem

Negotiators in Washington face a dismal weekend leading up to -- and perhaps including -- New Year's Eve, made worse because they're trying to solve the wrong problem. They're wrangling over how to avoid the fiscal cliff when a series of laws aimed at or contributing to the nation's deficit are set to expire, complicated by Treasury Secretary Timothy Geithner's pronouncement the nation is approaching its debt ceiling.

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