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  • Tankosphere Today: Sept. 10, 2008

    Taxpayers are now in the process of bailing out the “Government-Sponsored Enterprises” — the mortgage giants Fannie Mae & Freddie Mac — to the tune of tens of billions of dollars. The GSEs have long received subsidies that cost taxpayers around $10 billion per year…

    Last week, I wrote about the malformation of health care financing that allows a federal judge to roll back Medi-Cal (Medicaid) fee reductions, which the governor and legislature had agreed to in order to buy some breathing room…

    The Congressional Budget Office recently stated that the budget deficit for this year will reach $407 billion—2.9 percent of the GDP—compared to last year’s deficit of $161 billion, or 1.2 percent of GDP…

    Artificial climate change is real; even skeptics now call the danger scientifically proven. But Friedman, Al Gore, James Hansen of NASA, and others present climate change as some kind of super-ultra emergency…

    Posted in Ongoing Priorities [slideshow_deploy]

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