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The Tragic Demise of Fannie Mae
American.com, by Alex Pollock
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Original Article
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Posted By:eagleblurst, 10/22/2012 3:25:59 PM
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| James R. Hagerty’s new book, The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall, shows how hard it is for administrations throughout history to know what they are really doing in their political attempts to manipulate the housing market. As Hagerty explains, the Eisenhower administration, working through the Housing Act of 1954, tried to wean Fannie off the government’s credit and make it operate with private capital. It succeeded instead in creating the essence of the fateful and costly government-sponsored enterprise (GSE) structure.
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Reply 1 - Posted by:
bob913, 10/22/2012 6:17:46 PM (No. 8953456)
Fannie Mae has made many democrats very rich with our money.
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Below, you will find ...
Most Recent Articles posted by "eagleblurst"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "eagleblurst"
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The Income Tax at 100
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American.com, by John Steele Gordon
Original Article
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Posted By: eagleblurst- 2/4/2013 11:05:48 AM
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Politics can have a very long reach. Today the federal tax system is a national disgrace: 4 million words, tens of thousands of special favors to rent-seeking individuals and companies, hopeless complexity. It is contradictory, arbitrary, duplicative, and deeply injurious to the federal fisc, American democracy, and our place in the world. But had Rufus King, a delegate from Massachusetts to the Constitutional Convention, received an answer to a reasonable question in 1787, or had a Supreme Court justice not changed his mind...
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Can the GOP Be Saved?
The Myth of the Demographic Fix
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American.com, by Lee Harris
Original Article
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Posted By: eagleblurst- 1/30/2013 11:21:01 AM
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The four more years that the American electorate has granted President Obama will most likely be spent by the Republicans in feuding over the soul and destiny of their party. From the point of view of making the next Republican presidential nominee electable, it is difficult to imagine a worse strategy. After all, the last great Republican feud — the one that broke out between President Taft and Teddy Roosevelt in 1912 — ended in the election of a Democrat, Woodrow Wilson, and the current feud may put yet another Democrat in the White House in 2016.
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Our Greatest Civic Ritual
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American.com, by Michael R. Strain
Original Article
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Posted By: eagleblurst- 11/6/2012 3:54:56 PM
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This year my polling place was across the street from my apartment. Nice, I thought. I showed up at 6:05am wearing a pullover and no coat, expecting to be in and out. It turns out that they had five voting booths and a line that went on for blocks. There was a guy ahead of me in line wearing a gorilla suit. His vote counts the same as mine. It was 40 degrees out.
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Are We Doomed No
Matter Who Wins?
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American.com, by Michael M. Rosen
Original Article
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Posted By: eagleblurst- 11/6/2012 3:26:49 PM
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With Friday’s jobs report confirming the weakness of our economic recovery, the fiscal cliff rapidly coming into view, and American influence abroad continuing to erode, someone has to ask: is America doomed no matter who wins the presidential election? At first glance it certainly appears that way. Let’s begin by assuming that Mitt Romney ekes out a victory, winning the national popular vote by a point or two and capturing 275 electoral votes or thereabout. If Romney prevails — and I fervently hope he does — it will most likely be by slim margins such as these.
Headline split by staff.
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Did President Obama Restore Science
to Its Rightful Place?
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American.com, by Alex B. Berezow
Original Article
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Posted By: eagleblurst- 11/5/2012 3:45:18 PM
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On a whole host of issues, Obama has placed politics before science. In his 2009 inaugural address, President Barack Obama promised to “restore science to its rightful place,” in addition to making the government more transparent and accountable. Millions rallied to his cause. Four years later, how has he done? Unfortunately, not well. On a whole host of issues, Obama has placed politics before science. We will examine just three of them: vaccines, the BP oil spill, and “Cash for Clunkers.”
Headline corrected by staff. Author's name corrected by staff.
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Understanding Romney's
Approach to Taxes
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American.com, by Steve Conover
Original Article
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Posted By: eagleblurst- 11/2/2012 11:43:34 AM
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Republican presidential candidate Mitt Romney has made tax reform a centerpiece of his campaign. His catchphrase description of the proposal is “lower the rates and broaden the base,” a concept that enjoys support not just from other Republican candidates, but also from Federal Reserve Chairman Ben Bernanke and the Bowles-Simpson Fiscal Commission. But that catchphrase immediately introduces a problem: for the most part, only wonks know what “broaden the base” means. What follows is a two-step clarification of the concept.
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Internet Search and the
Nature of Competititon
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American.com, by Robert H.Bork and Gregory Sidak
Original Article
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Posted By: eagleblurst- 11/1/2012 10:57:21 AM
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Antitrust law protects consumers by protecting the competitive process — not individual competitors. Since 2010, U.S. and EU antitrust agencies have been investigating Google’s search practices. We’ve written a new white paper applying a Chicago School analysis to the potential legal theories against Google, finding that many of them face significant legal hurdles. Notably, Google’s critics, consisting mainly of its competitors, have alleged that Google is making it more difficult for them to compete in Internet search by including “specialized” search results in general search pages.
Headline split, author names corrected by staff
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It Is Time to Stop
Putting Food in Our Cars
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American Magazine, by Ken Green
Original Article
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Posted By: eagleblurst- 10/31/2012 10:51:06 AM
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The ethanol mandate continues to do more harm than good — inflicting environmental damage, raising food prices, and distorting energy markets. Two recent developments warrant a reexamination of the fuel ethanol issue. First, on August 20, 2012, the Environmental Protection Agency (EPA) issued a call for comments on suspending the renewable fuel standard (RFS), sometimes known as the ethanol mandate: EPA is seeking comment on letters requesting a waiver of the renewable fuel standard and matters relevant to EPA’s consideration of those requests. Governors of the states of
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Energy Is Everywhere
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American.com, by Kenneth P. Green
Original Article
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Posted By: eagleblurst- 10/24/2012 9:50:05 AM
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There is no substitute for energy. The whole edifice of modern society is built upon it ... It is not “just another commodity” but the precondition of all commodities, a basic factor equal with air, water, and earth.—E. F. Schumacher, 1973 Energy costs are experienced in many ways in American society. There is, of course, the cost of energy you pay for directly, such as your monthly electricity and gas bills, gasoline, and so on. But people also pay for energy that they consume indirectly — that is, in the goods and services they consume.
Author corrected by staff
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From McGovern to Obama
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American.com, by Michael Barone
Original Article
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Posted By: eagleblurst- 10/22/2012 3:40:45 PM
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If you look at the map of the states where McGovern ran ahead of his national average, you see something very much like the map of the states carried by Obama. Others who knew George McGovern much more closely than I have written warm remembrances of the former South Dakota senator and 1972 Democratic presidential nominee; see, for example, Bob Dole’s article in the Washington Post. But I feel some personal closeness to him, not just as a not entirely unrepentant McGovern voter and supporter in 1972, but also as a one-time neighbor — in Diamond Lake, Illinois, in 1947.
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The Tragic Demise of Fannie Mae
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American.com, by Alex Pollock
Original Article
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Posted By: eagleblurst- 10/22/2012 3:25:59 PM
Post Reply
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James R. Hagerty’s new book, The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall, shows how hard it is for administrations throughout history to know what they are really doing in their political attempts to manipulate the housing market. As Hagerty explains, the Eisenhower administration, working through the Housing Act of 1954, tried to wean Fannie off the government’s credit and make it operate with private capital. It succeeded instead in creating the essence of the fateful and costly government-sponsored enterprise (GSE) structure.
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The Scariest Day of My Life
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American.com, by John Steele Gordon
Original Article
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Posted By: eagleblurst- 10/22/2012 2:51:33 PM
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As the month of October progressed in the prosperous year of 1962, the country was preparing for Halloween, harvesting the last of the crops, attending football games, and getting ready for winter. It seemed a peaceful time, at least by Cold War standards. But unknown to the public—and certainly unknown to this 18-year-old freshman at Vanderbilt University—the greatest crisis of the Cold War was brewing.
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Most Active Articles (last 48 hours)
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White House snub to Thatcher:
Obama won´t send envoy
- and leaves it to her old
allies from the Reagan era
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Daily Mail (U.K.), by James Chapman
Original Article
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Posted By: Desert Fox- 4/15/2013 9:50:39 PM
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Friends and allies of Baroness Thatcher expressed ‘surprise and disappointment’ last night as it emerged President Obama is not planning to send any serving member of his administration to her funeral. Whitehall sources have revealed that the U.S. delegation at tomorrow’s service in St Paul’s Cathedral will be led by two Reagan era secretaries of state: James Baker and George Shultz. Though President Obama himself had not been expected to attend, there had been speculation that he would be represented either by Vice President Joe Biden or wife Michelle. The Queen’s decision to attend
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Are We Being Compromised
by Barack Obama´s Murky Past?
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American Thinker, by James A. Lyons
Original Article
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Posted By: Desert Fox- 4/15/2013 6:18:58 AM
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Since he first became a presidential candidate, President Obama must have spent millions of dollars in legal expenses to combat dozens of so-called "birther" challenges seeking the original documents pertaining to his birth. As president, he famously issued an electronic document on the White House website in 2011; the document purported to be his long-form birth certificate, though it is apparently a forgery. In addition, he has taken great pains to hide the paper trail of passport records, college transcripts, and other data -- all of which a prospective employer might require of a job applicant.
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Gitmo Is Killing Me
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New York Times, by Samir Naji al Hasan Moqbel
Original Article
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Posted By: Drive- 4/15/2013 8:29:32 AM
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ONE man here weighs just 77 pounds. Another, 98. Last thing I knew, I weighed 132, but that was a month ago. I’ve been on a hunger strike since Feb. 10 and have lost well over 30 pounds. I will not eat until they restore my dignity. I’ve been detained at Guantánamo for 11 years and three months. I have never been charged with any crime. I have never received a trial.
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Feds seek suspects, motive
in Boston bombings
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Associated Press, by Jimmy Golen
Original Article
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Posted By: Desert Fox- 4/16/2013 6:53:44 AM
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BOSTON -- The bombs that blew up seconds apart at the finish line of one of the world´s most storied races left the streets spattered with blood and glass, three dead, including an 8-year-old boy, more than 140 wounded and gaping questions of who chose to attack at the Boston Marathon and why. Federal investigators said no one had claimed responsibility for the bombings one of the city´s most famous civic holidays, Patriots Day. But the blasts among the throngs of spectators raised fears of a terrorist attack. President Barack Obama was careful not to use the
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Lawyer, judge erupt in
anger in Gosnell trial
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Philadelphia Inquirer, by Joseph A. Slobodzian
Original Article
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Posted By: LComStaff- 4/16/2013 7:02:04 AM
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He is known only as "Baby Boy B," a fetus estimated to be 28 weeks old, found frozen in an altered one-gallon plastic water jug in Dr. Kermit Gosnell´s West Philadelphia abortion clinic. His passing went unnoticed and undocumented, but on Monday, prosecution and defense lawyers struggled to get Philadelphia´s chief medical examiner to say whether he was stillborn or killed by Gosnell after being born alive during an abortion.
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NBC Reporter Luke Russert
Speculates On Boston
Explosions’ Link To 1993 Waco Siege
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Mediaite, by Andrew Kirell
Original Article
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Posted By: JoniTx- 4/15/2013 5:18:48 PM
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In light of the explosions that have rocked Boston on Patriots’ Day, during the city’s annual marathon, NBC reporter Luke Russert took to Twitter to speculate that today’s horrific events could possibly be related to the 1993 government siege on the Branch Davidian compound in Waco, Texas — an incident often attached to conversations about “right-wing terrorism” and anti-government violence. “I was at Fenway Park w my dad and @mikebarnicle during Waco which was on Patriots Day in 1993. Speculating on possible link,” Russert tweeted following the explosions.
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Obama: ‘People shouldn’t
jump to conclusions’ about
Boston Marathon bombing
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Washington Examiner, by Joel Gehrke
Original Article
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Posted By: KarenJ1- 4/15/2013 9:45:50 PM
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President Obama pledged that the United States would punish anyone responsible for the explosions at the Boston Marathon today, but he said that “people shouldn’t jump to conclusions” about the tragedy. “We still do not know who did this or why and people shouldn’t jump to conclusions before they have all the facts,” Obama told reporters during a statement from the White House. “Any responsible individuals, any responsible groups, will feel the full weight of justice,” he added. Two explosions occurred today near the finish line of the Boston Marathon,
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Breaking: Obama to make
statement from White House
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CNN, by Staff
Original Article
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Posted By: Scottyboy- 4/15/2013 5:58:09 PM
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President Barack Obama will deliver a statement Monday at 6:10 p.m. ET from the Brady Press Briefing Room at the White House. As seen in the photo, President Barack Obama spoke Monday on the phone with FBI Director Robert Mueller to receive an update on the Boston explosions. Seated with the President are Lisa Monaco, assistant to the president for Homeland Security and Counterterrorism, and Chief of Staff Denis McDonough. A White House official said earlier the president has been notified of the explosions. "His administration is in contact with state and local authorities.
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MSNBC’s Joy Reid Praises Obama’s
Reaction To Terror, Says Bush Dis-
appeared for ‘Couple Weeks’ After 9/11
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Mediaite, by Noah Rothman
Original Article
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Posted By: NorthernDog- 4/16/2013 3:38:34 PM
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MSNBC contributor Joy-Ann Reid told the host of Now, Alex Wagner, that she thought President Barack Obama’s response to the attack on the Boston Marathon on Monday was powerful and comforting in a way that President George W. Bush’s response to the attacks of September 11, 2001, was not. She accused Bush of being unavailable to the American people for the “first couple weeks” after the attack on the World Trade Center and the Pentagon. Reid told Wagner that the president’s statement actively combatted the intention of the terrorists, which is to make their targets feel “discombobulated.” “Having, sort of
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Mark Kelly threatens to back
challenger to Flake over gun votes
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The Hill [DC], by Daniel Strauss
Original Article
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Posted By: StormCnter- 4/16/2013 4:33:26 PM
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Mark Kelly, the husband of former Rep. Gabrielle Giffords (D-Ariz.), is threatening to back an election challenge against Sen. Jeff Flake if the Arizona Republican votes against legislation to expand background checks. At a Christian Science Monitor breakfast on Tuesday, Kelly said he would back an opponent to Flake if the "right candidate" was available and if the senator failed to support a background check bill, according to reports. Flake, who is not up for reelection until 2018, has been close to Kelly and Giffords. But Kelly said the issue of control trumped their ties.
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Meredith Baxter, Patty
Duke to Play Lesbian
Couple on Upcoming ´Glee´
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Breitbart´s Big Hollywood, by Breitbart News
Original Article
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Posted By: KarenJ1- 4/15/2013 11:12:19 AM
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Two veteran TV actresses may join the cast of Fox´s Glee after their upcoming appearance as a kindly lesbian couple. Meredith Baxter, known for being the All-American Mom on Family Ties, and Patty Duke who soared to fame in her self-titled series, will offer guidance to a gay character considering popping the question to his partner. According to a Friday report at E!, Oscar winner Patty Duke and longtime television star Meredith Baxter will play a lesbian couple. Not only that, regular character Blaine played by Darren Criss will propose to
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Obama: "Unimaginable" That
Congress Would "Defy" Americans
And Not Pass Gun Control
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Real Clear Politics, by Staff
Original Article
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Posted By: Desert Fox- 4/16/2013 5:59:35 PM
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"I think we’ve got a good chance of seeing it pass if members of Congress are listening to the American people," President Obama said in an interview on NBC´s "Today Show" that aired on Tuesday. "The notion that Congress would defy the overwhelming instinct of the American people after what we saw happen in Newtown, I think, is unimaginable." Obama was then asked by Savannah Guthrie how he could expect Democrats in red states to vote on this bill when he, as a Senator, didn´t have to himself.
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