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  • 2008

    Too Big to Fail: Some Questions for the House Financial Services Committee

    Tomorrow, the House Finance Committee, chaired by Representative Jeb Hensarling (R–TX), is holding a hearing on one of the most damaging legacies of the 2008 financial crisis: the “too big to fail” doctrine. Simply put, the doctrine holds that some firms are so essential to the functioning of the U.S. … More

    U.S. Mortgage Market Reform: Corker–Warner Bill Misguided

    Draft legislation by Senators Bob Corker (R–TN) and Mark Warner (D–VA) would wind down federally sponsored housing finance giants Fannie Mae and Freddie Mac, but it suffers from many of the same problems the system faced over the past two decades. The bill would replace the Federal Housing Finance Agency, … More

    S&P Suit: No New Laws Were Needed for 2008 Collapse

    The Department of Justice’s (DOJ) civil suit against credit rating agency Standard & Poor’s (S&P) shows that laws that existed well before the financial crash of 2008 were more than sufficient to deal with its potential causes. While the specific charges in this suit will need to be litigated before … More

    Morning Bell: Arbitrary Deadlines No Way to Run a Military

    Now that headlines across the world proclaim “Al-Qaeda leaders admit: ‘We are in crisis. There is panic and fear.’” the campaign promises of prominent political leaders here in the United States are finally coming under much-needed scrutiny. CNN’s Wolf Blitzer discussed the policy and rhetoric of all three top presidential … More

    A Roadmap for Real Immigration Reform

    Sen. Jeff Sessions spoke at The Heritage Foundation today to outline a roadmap for presidential candidates on the issue of immigration reform. During his speech, Sessions outlined 15 questions to ask presidential candidates in order to determine their seriousness about fixing the immigration mess. Mark Krikorian has posted them at … More

    McCain Supports Anti-Earmark Executive Order

    A day after his victory in the New Hampshire primary, Sen. John McCain spoke with bloggers about a variety of issues, including the option of a presidential executive order canceling earmarks in the omnibus spending bill. Erick Erickson of RedState posed the question to the Arizona senator, who has long … More