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We Want Everybody to Own Their Own Home - George Bush
Posted by William Dwyer on 10/03, 7:54pm
In this video, you will hear President Bush, in his own folksy down-home accent, tell his audience that "deserving" families with "bad credit histories" should have a nice home, "just like anybody else," and that Fannie Mae and Freddie Mac are there to help them get it. Huh? Deserving families with bad credit histori...(Read more...)
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U.S.A., R.I.P.
Posted by Ted Keer on 10/03, 11:16am
Expanded from 3 to 450 pages, newly laden with pork, Congress has passed America's death sentence, an unconstitutional transfer of private wealth which nationalizes the equivalent lifetime earnings of 533,000 people, a self-inflicted wound that would murder one hundred times as many human lives as we lost on 9/11. (Read more...)
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Commentary in Forbes says Bank Loans have not "Dried Up"
Posted by Laure Chipman on 10/02, 3:11pm
Nice to see some facts and figures for a change!(Read more...)
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New York Sun, RIP
Posted by Ted Keer on 9/30, 5:03pm
I sadly note the passing of the New York Sun, the best newspaper in America. (Read more...)
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Fed Floods Banks with $630 Billion in New Money
Posted by Bridget Armozel on 9/30, 10:25am
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Rep. Dennis Kucinich Rejects $700 Billion Bailout
Posted by Luke Setzer on 9/30, 5:13am
I am no fan of Kucinich but this news and particularly this quote caught my eye as worth sharing: We need to challenge again the underlying assumptions about a debt-based economy, about whether or not we should revisit the 1913 Federal Reserve Act, which has an unfortunately privatized monetary system and create...(Read more...)
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Somali Pirates Vow 'Fight to the Death' Over Ukrainian Ship
Posted by Ted Keer on 9/29, 4:14pm
From FOX News: A U.S. destroyer and submarine, as well as other foreign vessels, are surrounding the Faina, which was carrying 33 Russian-built T-72 tanks when it was seized by the pirates on Thursday. The pirates have demanded a $20 million ransom. "What we are awaiting eagerly is the $20 million ...(Read more...)
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Is The Government Responsible For Health Care?
Posted by William Dwyer on 9/29, 1:25pm
On September 16 at Rockefeller University in New York City, John Stossell of ABC News teamed with Michael Cannon of CATO and Pacific Research Institute President and CEO Sally Pipes to debate the motion: universal health coverage should be the federal government’s responsibility. Advocates for the motion were New York ...(Read more...)
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Another Case of Collusion?
Posted by William Dwyer on 9/29, 12:26pm
A financial journalist at Marketwatch, Peter Brimlow, is (finally) pointing the finger at the government for the subprime meltdown, which is what McCain should be doing instead of pointing it at the banks. Then instead of me-tooing Obama, McCain could highlight a fundamental difference between himself and the Democrat...(Read more...)
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House defeats $700B financial markets bailout
Posted by John Armaos on 9/29, 11:43am
Good news!!! House defeats the 700 billion dollar ponzi scheme!(Read more...)
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