So when Mr. Raines says that “the cause of the financial problems for Fannie and Freddie was bad decisions, not their government sponsored status,” well, let’s just say he’s not telling the whole story. via Rewriting Fannie Mae History – WSJ.com.
So when Mr. Raines says that “the cause of the financial problems for Fannie and Freddie was bad decisions, not their government sponsored status,” well, let’s just say he’s not telling the whole story. via Rewriting Fannie Mae History – WSJ.com.
Service Employees International Union boss Andy Stern, who told the Wall Street Journal that if the power of persuasion didn’t work, then the persuasion of power would have to do. The records show Stern had 22 meetings, many face-to-face with the president, more than anyone else known so far. Stern might as well borrow...
The level of anger should be rising. These clowns need to be out before this goes through. Call your senators. Say this about the 1,018-page health-care bill that House Democrats unveiled this week and that President Obama heartily endorsed: It finally reveals at least some of the price of the reckless ambitions of our...
YouTube – We The People Stimulus Package.
YouTube – Card Check – Just Good for Unions.
U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated. Foreclosure filings jumped to a record 1.9 million on more than 1.5 million properties in the first six months of the year, RealtyTrac said on Thursday. The number...
Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers. via DEM HEALTH RX A POI$ON PILL IN NY – New York Post.
“In a nutshell, theoretical models cannot explain what we observe in the geological record,” said oceanographer Gerald Dickens, a co-author of the study and professor of Earth science at Rice University. “There appears to be something fundamentally wrong with the way temperature and carbon are linked in climate models.” via Rice University | News...
One member of the Minnesota canvassing board, a state Supreme Court justice, conceded that some ballots were probably counted twice, but he said there was not much anybody could do about it. In more than 25 precincts, officials counted more ballots than actual voters; this was put down to well-meant enthusiasm. If everyone has...
I think I’m in favor of this. Any reduction in the secrecy and power of the Fed is a good thing. Just not sure if it will expose just how many amateur academics are sitting on that committee and tank the dollar even more in that light. I’m ashamed of them. Really poor decisions...