In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Feb. 4, 2008 / 28 Shevat 5768

McCain vs. Clinton and Obama on housing

By Robert Robb

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http://www.JewishWorldReview.com | John McCain gave a speech on the housing downturn earlier this week that did not hyperventilate or pander.

He put the problem in perspective. There are about 80 million homeowners in the United States. Of those, 55 million have mortgages. And of those who have mortgages, 51 million are current.

He did not offer any new sweeping proposals. In fact, he said: "I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers."

McCain encouraged voluntary workouts between borrowers and lenders. But he concentrated his policy prescriptions on how to prevent the current problems from recurring, mostly through requiring homeowners to make higher down payments and higher capitalization requirements for financial institutions.

This is remarkable behavior for a modern American politician. The almost universal practice of today's pols is to say to voters: Whatever problem you think you have, I've got a government program for it.

Hillary Clinton also gave a speech on housing last week, and she was in full pander mode.

Before getting into her housing specifics, it's worth considering what she said would be her general approach to dealing with economic issues.

"We need a president who is ready on day one to be commander-in-chief of our economy," Clinton proclaimed. This is a remarkable idiotic statement.

There can be a commander-in-chief of a military organization. There is a chain-of-command and those on the bottom do what those on the top tell them to do, or they get thrown into the brig.

The economy is the aggregation of a billion or so independent decisions made by hundreds of millions of people daily. There is no chain-of-command.

There can be no commander-in-chief of the economy, and it shouldn't be entrusted to someone who aspires to be one.

Clinton said that the president should "act at the first sign of trouble, working with experts ."

Now, a free-market economy has self-correcting mechanisms which premature government interventions can short-circuit. And economies run by technocrats haven't done very well.

Let's, however, put Clinton's claim to the test. The housing bubble was caused by too many people buying too many homes on too easy of terms. Does anyone really believe that a President Hillary Clinton would have intervened to make home buying tougher?

To respond to the current housing problem, Clinton proposes a 90-day moratorium on foreclosures and a five-year freeze on resets under adjustable rate mortgages.

The latter is too much even for Barack Obama. As he has pointed out, it's not limited to those in trouble. And he understands what such massive interference in mortgage contracts would do to the availability and cost of future financing for home purchases.

Obama, however, joins Clinton in proposing that the federal government get into the business of basically guaranteeing homeowner equities.

Both want federal assistance not only for those who are having trouble paying their mortgages, but for anyone who has a mortgage that exceeds the current value of their home.

They support proposals for the federal government to guarantee the refinancing of mortgages currently in negative equity territory, if the lender will write off the principal down to the current value. They would also be willing for the federal government to purchase mortgages and refinance them directly.

Both Obama and Clinton are proposing that taxpayers take on billions of dollars of risks that should be borne by private parties, in ways that short-circuit the necessary correction from the overinvestment in housing that's currently taking place, while simultaneously making it more difficult to attract private investment capital for housing after the correction is over.

McCain is an instinctive politician. He senses things more than he tends to work them through paradigmatically.

Much has been made of McCain having indicated that economics isn't his strongest suit. On the housing downturn, however, McCain's instincts are much sounder than the considered judgments and conclusions of his potential opponents.

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JWR contributor Robert Robb is a columnist for The Arizona Republic. Comment by clicking here.

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