The more things change, the more they stay the same. Take the case of Barney Frank, Chairman of House Financial Services Committee. In an interview with FOX Business’ Neil Cavuto , he called for Fannie Mae and Freddie Mac to be abolished. “The only question is what do you put in their place,” […]

On Tuesday, the Obama Administration will be hosting a conference of real estate, banking, and mortgage industry leaders to begin to determine what to do with the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. These, you will recall, are the $5.5 trillion mortgage […]

Webster’s dictionary defines lame duck as, “an elected official still in office but not slated to continue.” Most Americans define a lame duck Congress as the guys they just booted out and don’t want them doing any more damage. Obama’s White House defines lame duck […]

Nancy Pelosi is excitedly hustling back to D.C. with her congressional cohorts to pass a $26.1 billion state and teacher union bailout bill. With teacher unions alone garnering around $40 million in dues money from their $10 billion chunk of the bill, it is easy to understand how the big […]

NRD Editor’s Update: Check out this interview Bill Wilson on Lars Larson 08-03-10 This could the straw that broke the camel’s back. Yesterday the Senate passed a $26.1 billion bailout for bankrupt states like New York and California, which includes $10 billion for public teachers spending and $16.1 billion for state […]

In the Great Depression, the Smoot-Hawley Tariff Act was enacted in 1930 to make goods imported from overseas more expensive to American consumers than domestic goods. The thought was to incentivize the purchase of U.S.-made goods during a devastating economic downturn, boosting the bottom lines […]

Not less than a week after a $26.1 billion bailout to bankrupt states like New York and California was stripped from a must-pass war supplemental, it has returned. Senate Democrats had failed to muster the 60 votes needed for passage of a House version of […]

The attacks on the tea party movement and other citizen activists are continuing.  This time, the DNC has unveiled its latest effort to portray tea parties, and Republicans, as radicals and extremists. This effort, www.republicanteapartycontract.com , is nothing more than a series of misrepresentations of popular […]

Speaking this past Sunday on NBC’s Meet the Press , Treasury Secretary Timothy Geithner was of two minds — or shall we say two faces — about the American people’s level of debt and the causes of the financial crisis. First, he said “we’ve been living beyond our means as a country, Americans have […]

What does $39,400 in campaign donations to Charlie Crist’s campaign for Florida’s open Senate seat buy ? How about a $536 million, 72,800 acre land deal by the state of Florida to the U.S. Sugar Corporation, based on an appraisal value of the property taken at the height of the real estate bubble, and where the company would still […]