Running Out of Wall Space

I am having the September 30, 1999 New York Times article predicting this crises as the result of the Clinton Administration pressure to give loans to the risky, framed.
 
The Times article will hang right next to Clinton’s signed admission of guilt to lying in a federal court, and accepting the fine and loss of [...]

The Rationality of Risk

 “Redlining” was ended by federal interference with the banking industry pretty well, but the reason for redlining was both a dollop of pure racism, and a dollop of rationality from the assumption of risk.
               
Individuals, and institutions had proportions of each – racism and rationality.
 
It is similar to grocery stores, which for generations have [...]

Instant Analysis

There is not sufficient information to properly analyze the Bailout, but that does not mean that we can’t discuss the general subject.
 
It is apparent that the final edition is better than what was proposed first, which was a Wall Street plum with sufficient pork to a particular segment of Special Interest Groups for the Democrats [...]

Could a Change be Coming?

The calls for Palin to resign because she does not have sufficient “heft” should be seriously considered in view of the economic crises – and she should be replaced by Mitt Romney.
 
This would put the nation first – and it would give the Democrats the opportunity to have their brilliant but erratic VP nominee to [...]

Remember?

Bet you have not heard the results of The House Select Committee on the Voting Irregularities of August 2, 2007.
 
No, of course you haven’t – even though they issued their report a few days ago.
 
You do remember vote 814 in the House? That is where the Republicans brought up an amendment that would stop illegal [...]

NY Times: Exposes the Genesis of the Problem

If you believe that the New York Times is the Newspaper of Record, then it’s September 30, 1999 article points to the Genesis of the sub-prime meltdown, and it is, Bill Clinton:
(Quote) In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit [...]

Economy Bailout

The sooner everyone realizes that the purpose of a home is to keep the rain off, the rattlesnakes away, and the sun from scorching the top of your head, the sooner all of the markets will recover.

 

 
We live Walter Middy lives in our minds, where we could play professional level sports, compete in F1 with [...]

The Left Just Gets Nuttier and Nuttier

From Reuters:
(Quote)Nobel Peace Prize winner and environmental crusader Al Gore urged young people on Wednesday to engage in civil disobedience to stop the construction of coal plants without the ability to store carbon.(Unquote)
Tickets to China, anyone?
(The left just gets nuttier, and nuttier.

The Nuts are Busy

The left wing nuts are at it – again.
 
PETA is asking Ben & Jerry’s to substitute mother’s milk for cows milk.  
 
Then there is a report from the Guardian on research claiming that there is a large middle-class of environmentalists who recycle, then jet off to two distant ski trips a year – net [...]

Follow the Money

I am certain most people can tell the difference between the teaching of Christ, which were an admonition that HIS FOLLOWERS “should” help the poor; and government which uses the force of arms to require that EVERYONE “must” help the poor.
 
The Center for Responsible Politics tracks donations to Congresscritters at Open Secrets dot org — by industry, [...]