Housing

Business & Economics

Future of Fannie and Freddie remains unclear

The federal takeover of Fannie Mae and Freddie Mac recently could create the opening many have long hoped for – to alter, diminish or eliminate the roles of the government-sponsored mortgage giants. Some industry observers worry that a world in which the companies have less influence will mean more expensive ...
Business & Economics

Let the markets find their own recovery

The takeover of mortgage giants Fannie Mae and Freddie Mac, yet another expansion in government intervention from the Bush administration, could end up costing hundreds of billions of dollars and in the long run will only make the U.S. financial crisis worse. The costs of the takeover are scary. By ...
Business & Economics

Attention eBay Users: Online Sellers Facing New IRS Rules

Countless Americans selling as individual entrepreneurs on sites like eBay must now be aware that the Internal Revenue Service has modified their rules to make sure taxes are reported on private Internet transactions. As part of the housing rescue package just signed by President George W. Bush, the Internet transaction ...
Business & Economics

California Focus: Cautionary tale of 2 Bustamantes

California has recently cemented its reputation as the most politically correct state in the nation, and possibly the most humorless. Those with doubts on that score might compare the cases of Carlos Bustamante and Cruz Bustamante. U.S. Air Force veteran Carlos Bustamante is a city councilman in Santa Ana and ...
Business & Economics

Housing bill provision eyes $10 billion in tax revenue from online sellers

InternetRetailer.com, July 11,2008 In a move to raise close to $10 billion over the next several years in tax revenue to support federal housing assistance efforts, an amendment to a housing bill in the U.S. Senate requires payment card processors to provide information on Internet sellers to the Internal Revenue ...
Business & Economics

Big Brother Online

The bipartisan housing bill currently being debated in the Senate contains an unrelated amendment that will burden innovative Internet companies and threaten the civil liberties of every American. Without any discussion, Senators added a provision to H.R. 3221 (The American Housing Rescue and Foreclosure Prevention Act of 2008) requiring electronic ...
Commentary

Hidden provision could endanger economy, civil liberties

As the Senate prepares to vote on the current housing legislation, I would like to bring to your attention a dangerous hidden provision that will burden several innovative Bay Area companies and threaten the civil liberties of all Americans. Senators Christopher Dodd and Richard Shelby quietly attached to H.R. 3221 ...
Business & Economics

Senate Housing Bill Allows Government to Spy on Internet Commerce

The bipartisan housing bill currently being debated in the Senate contains an unrelated amendment that will burden innovative Internet companies and threaten the civil liberties of every American. Without any discussion, Senators added a provision to H.R. 3221 (The American Housing Rescue and Foreclosure Prevention Act of 2008) requiring electronic ...
Business & Economics

Housing Bill Amendment Requires Reporting of Consumer Purchases to the Federal Government

Housing Bill Amendment Requires Reporting of Consumer Purchases to the Federal Government San Francisco, June 27, 2008 – In an open letter to Senators Diane Feinstein and Barbara Boxer, Pacific Research Institute technology policy fellow Daniel R. Ballon, Ph.D., called to their attention an amendment to the housing bill that ...
Business & Economics

Letter to Senators Feinstein and Boxer regarding (S. Amdt. 4983) amendment to H.R. 3221

The Honorable Diane Feinstein United States Senate 331 Hart Senate Office Building Washington, D.C. 20510 The Honorable Barbara Boxer United States Senate 112 Hart Senate Office Building Washington, D.C. 20510 Dear Senators Feinstein and Boxer: As the Senate prepares to vote on the current housing legislation, I would like to ...
Business & Economics

Future of Fannie and Freddie remains unclear

The federal takeover of Fannie Mae and Freddie Mac recently could create the opening many have long hoped for – to alter, diminish or eliminate the roles of the government-sponsored mortgage giants. Some industry observers worry that a world in which the companies have less influence will mean more expensive ...
Business & Economics

Let the markets find their own recovery

The takeover of mortgage giants Fannie Mae and Freddie Mac, yet another expansion in government intervention from the Bush administration, could end up costing hundreds of billions of dollars and in the long run will only make the U.S. financial crisis worse. The costs of the takeover are scary. By ...
Business & Economics

Attention eBay Users: Online Sellers Facing New IRS Rules

Countless Americans selling as individual entrepreneurs on sites like eBay must now be aware that the Internal Revenue Service has modified their rules to make sure taxes are reported on private Internet transactions. As part of the housing rescue package just signed by President George W. Bush, the Internet transaction ...
Business & Economics

California Focus: Cautionary tale of 2 Bustamantes

California has recently cemented its reputation as the most politically correct state in the nation, and possibly the most humorless. Those with doubts on that score might compare the cases of Carlos Bustamante and Cruz Bustamante. U.S. Air Force veteran Carlos Bustamante is a city councilman in Santa Ana and ...
Business & Economics

Housing bill provision eyes $10 billion in tax revenue from online sellers

InternetRetailer.com, July 11,2008 In a move to raise close to $10 billion over the next several years in tax revenue to support federal housing assistance efforts, an amendment to a housing bill in the U.S. Senate requires payment card processors to provide information on Internet sellers to the Internal Revenue ...
Business & Economics

Big Brother Online

The bipartisan housing bill currently being debated in the Senate contains an unrelated amendment that will burden innovative Internet companies and threaten the civil liberties of every American. Without any discussion, Senators added a provision to H.R. 3221 (The American Housing Rescue and Foreclosure Prevention Act of 2008) requiring electronic ...
Commentary

Hidden provision could endanger economy, civil liberties

As the Senate prepares to vote on the current housing legislation, I would like to bring to your attention a dangerous hidden provision that will burden several innovative Bay Area companies and threaten the civil liberties of all Americans. Senators Christopher Dodd and Richard Shelby quietly attached to H.R. 3221 ...
Business & Economics

Senate Housing Bill Allows Government to Spy on Internet Commerce

The bipartisan housing bill currently being debated in the Senate contains an unrelated amendment that will burden innovative Internet companies and threaten the civil liberties of every American. Without any discussion, Senators added a provision to H.R. 3221 (The American Housing Rescue and Foreclosure Prevention Act of 2008) requiring electronic ...
Business & Economics

Housing Bill Amendment Requires Reporting of Consumer Purchases to the Federal Government

Housing Bill Amendment Requires Reporting of Consumer Purchases to the Federal Government San Francisco, June 27, 2008 – In an open letter to Senators Diane Feinstein and Barbara Boxer, Pacific Research Institute technology policy fellow Daniel R. Ballon, Ph.D., called to their attention an amendment to the housing bill that ...
Business & Economics

Letter to Senators Feinstein and Boxer regarding (S. Amdt. 4983) amendment to H.R. 3221

The Honorable Diane Feinstein United States Senate 331 Hart Senate Office Building Washington, D.C. 20510 The Honorable Barbara Boxer United States Senate 112 Hart Senate Office Building Washington, D.C. 20510 Dear Senators Feinstein and Boxer: As the Senate prepares to vote on the current housing legislation, I would like to ...
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