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Regarding Van Wie's letter, the reports of Obama's association with Fannie Mae and Freddie Mac, and Chicago crooks are bunk. They have been debunked on mainstream media like CNN and you can get the details on Factcheck.org. The latter is an Internet site that just checks facts without partisanship. ...more
September 26, 2008
It isn't often that public outrage peaks so close to an election, but this is a rare moment in history when "we the people" can exact a price from the political leadership that has duped, scammed and lied to them, contributing mightily to the current financial mess. ...more
September 26, 2008
Consumers shopping for a loan have yet to see much benefit from the government takeover of Fannie Mae and Freddie Mac almost three weeks ago, but the new chief executive officers of the mortgage finance companies planned to tell lawmakers Thursday that they are working to stabilize the housing market. ...more
September 26, 2008
The evidence is mounting that Tampa Bay home sales have hit bottom, even though prices are still in a free fall. ...more
September 25, 2008
I am not a Republican. Let me say something about the Democrats. When the Democrats took over the control of Congress their main goal for the first six months to a year was to destroy Bush. They worked hard but didn't quite succeed. ...more
September 24, 2008
Home prices in July fell 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels. ...more
September 24, 2008
WASHINGTON (AP) -- The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. ...more
September 23, 2008
I am outraged by the recent "solutions" proposed by our "leaders" in Washington to the financial crisis. Unelected bureaucrats and several shameful congressmen have staged a dangerous coup. They have hijacked our wonderful democratic and free market institutions and debased them into socialist nightmares that would make Hugo Chavez and Vladimir Putin blush. If that doesn't alarm you, then try this: Over the past three months, two unelected bureaucrats have decided to spend $1 trillion (at least) of your money to prop up their former colleagues or future consulting gigs. ...more
September 23, 2008
Market forces are great. Until they're not. After nearly three decades of conservatives insisting that government has no business meddling in the private sector, the Bush administration on Friday announced a sweeping plan to spend hundreds of billions of taxpayer dollars bailing out financial institutions that bet wrong on the mortgage market. ...more
September 23, 2008
Now that he's finally fired up on the soup-line economy, Barack Obama knows he can't fade out again. He was eager to talk privately to a Democratic ex-president who could offer more fatherly wisdom - not to mention a surreptitious smoke - and less fraternal rivalry. I called the "West Wing" creator Aaron Sorkin (yes, truly) to get a read-out of the meeting. This is his account: ...more
September 23, 2008
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