Day: July 24, 2008

Pour yourself another regulation!

QuickPoint!

Our Governor envisions an “Innovation State” that leverages new technologies and attracts investment, yet the Oregon Liquor Control Commission has blocked that vision from becoming a reality for small business owners in the heart of Oregon’s wine country.

John Stuart, founder of the Agri-Vino Wine Center in Carlton, invested in a new wine preservation and dispensing technology, called Enomatic, to launch (more…)

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First you borrow, then you beg…

QuickPoint!

Many private banks and financial institutions are in trouble because they supplied the market with too many sub-prime mortgages. However, what has not been well understood is the Federal government’s mechanism for over stimulating sub-prime lending through government-sponsored enterprises like Fannie Mae and Freddie Mac, which together now back $5.3 trillion of mortgage debt.

Sub-prime mortgages became a viable financial tool in the US due to (more…)

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