| Sep 28, 2012 10:23AM Economists have been debating the value versus risk of expanded refinancing opportunities since the early days of the housing crisis. Proponents argue that refinancing would free up homeowner money for spending elsewhere to the benefit of the economy, opponents fear that since the Federal Housing Administration and the government sponsored enterprises (GSEs) are realistically the only source of refinancing currently available, any risk inherent in refinancing will disproportionately fall the government... Oct 1, 2012 9:43AM This one from an AE in a "red state": Q: Do you know what the difference is between conservatives and progressives? A: About $16 trillion! Trillions - kind of like the money that Taylor Swift makes every time she breaks up with a guy during lunch, and then mints a hit song about it by dinner time. Seriously, within the Commerce Department, the Bureau of Economic Analysis announced Friday that "Personal income increased $15.0 billion, or .1%...and Personal consumption expenditures (PCE) increased...
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