Recently, a scandal has broken out that provides great insight into the housing crisis. Countrywide Mortgage brokers have been treating Congress to VIP lending rates. Accepting donations of $100 or more is illegal for these politicians, but scandals like this are not uncommon. The deeper question is why a profit-seeking …
The Great Swindle – Adam Smith Institute I’m pleased to see that The Great Global Warming Swindle is still up on the website of the UK’s Channel 4 television station, despite the communication regulator’s critical remarks on it… (tags: Environment) Has Real Median Household Income Fallen Since 2000? – The …
Hollywood’s Conservative Underground – Washington Times A group of politically conservative and centrist Hollywood figures organized by actor Gary Sinise and others has been meeting quietly in restaurants and private homes… (tags: Entertainment) The Power of the Flat Tax, Bulgarian Style – FreedomTalks Stephen Moore has a great piece on …
This past week, Speaker Nancy Peolsi (D-CA) announced she wants to push another $50 billion in deficit spending through Congress for economic stimulus. This is on top of the $106 billion in stimulus payments the government is still sending out to Americans. This January Pelosi promised that the first $106 …
Anticipating legislative action on a bailout for Fannie Mae and Freddie Mac in the House tomorrow, the White House reaffirmed a veto threat Monday if the proposed package includes a money for state and local governments to buy real estate. Speaker Nancy Pelosi responded, “Let me get this straight. The …
Last week The Hoover Institution’s Peter Robinson posted a chart at The Corner that he said could “only be termed, alas, Republican overspending—that is, the enormous increase in domestic spending during this administration, most of which, of course, took place while the GOP held not only the White House but …
Let’s Have Some Love for Nuclear Power – WSJ.com All over the world, nuclear power is making a comeback. British Prime Minister Gordon Brown has just commissioned eight new reactors, and says there’s “no upper limit” to the number Britain will build in the future… (tags: Energy) Economic Reality Check …