"In August 2012, Treasury did something truly outrageous: It restructured the deal to make sure that Fannie and Freddie's other shareholders could never get a penny of these profits. Under the new arrangement known as the Third Amendment, any profits are subject to a "net worth sweep." In short, the 10% dividend due th...(Read more...)
The authors of Fragile by Design say a lot about banking history in both the USA and Canada. The 19th century in the USA is often called an era of "free banking." They describe how politicized it was. The financial crisis of 2008 is addressed. The interview is about 75 minutes. Listen or read or both.(Read more...)
"The global warming hysteria is disastrous enough in its intended goal, which is to ban the use of our cheapest and most abundant fuels and force us to limp along on “alternative energy” sources that are insufficient to support an industrial civilization. But along the way, the global warming campaign is al...(Read more...)
I am sure atleast a few people here have already watched this. I am curious as to what others thought of it. I really, really like the idea of "Economic Freedom Zones". I am not sure how it would come about practically, but I think it combines a couple of great American ideas:
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What began with a Craigslist ad from a lesbian couple calling for a sperm donor in rural Topeka, Kansas ended in court on Wednesday with a judge ordering the donor to pay child support.(Read more...)
This is a terrible attack on the freedom of speech, on a free press, and a blatant and frightening use of government as a weapon to jail opponents.(Read more...)
I had never heard of these links between Christie and Militant Islam before this. If these accusations are true it smacks of terrible judgment on his part, and implies a person who might never put ethical principles above currying favor with another block of voters.(Read more...)
