John Janssen's Blog

So what do you think the federal government was waiting for? In the 80's during the savings and loan debacle they made a fairly quick move to form the RTC and rescue the financial markets. They formed the RTC and at that point things got bogged down but still in all it worked. It stabilized the f...

In my previous blog I stated my position was caustiously optimistic. The good news is that was probably not a bad thought. But let's say a few things have surprised me along the way. The profit takers did come out and we have retraced part of our gains but we are still much better off then we wer...

Part of this happened because, well, rates just do tend to get better in spring. What helped this naturally occurring situation was of course because the Federal Government stepped in to put the full faith and taxpayer's money behind mortgage giants Freddie Mac and Fannie Mae.  My suspicions were...