The Federal Housing Authority (FHA), Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac) were established with public approval but planted the seeds of future problems. Edmund Contoski follows up on his previous column regarding US economic troubles, tracing their roots, in the second of a series of articles. Please click the link below for the full text of "Mortgage Crisis, the Dollar and Its Future, Part 2".
Crack. Fizz. Gulp. Ahhhhhh. Is there a drinking experience more classically Australian than ripping the ring-pull off a beer? "The visceral pleasure from that first crack of a beer can is identical to popping a champagne cork," says wine and drinks writer Mike Bennie. "There's also huge appeal in the tinnie's nostalgia factor."