Tag Archives: Fannie Mae
Disasters “R” Us: America the Defenseless

Disasters “R” Us: America the Defenseless

At its most basic level, the role of government is to do for us what we cannot do for ourselves.  As individuals we obviously cannot monitor the safety practices of a gigantic multinational oil company drilling off our shore.  We ...Read more

Real Reform Requires Real Representation: Lessons from Fannie and Freddie

Real Reform Requires Real Representation: Lessons from Fannie and Freddie

“Cost of Seizing Fannie and Freddie Surges for Taxpayers” screams one of the headlines on the front page of last Sunday’s New York Times.  Fannie Mae and Freddie Mac have already cost us taxpayers $145.9 billion since September 2008, and ...Read more

“Financial Reform”: Partisan Politics and Lobbyist Study Buddies

“Financial Reform”: Partisan Politics and Lobbyist Study Buddies

Last Thursday, the US Senate passed S.3217, a financial reform bill supposed to reign in Wall Street and prevent a repeat of the recession in whose midst we still suffer.  At least its title, “Restoring American Financial Stability Act of ...Read more

Congressional Democrats to Bail on Budget for 2011

Congressional Democrats to Bail on Budget for 2011

“Budget?  We don’t need no stinking budget.” That is what Congressional Democrats seem to be saying, kind of like the classic line from The Treasure of the Sierra Madre (“Badges?  I don’t have to show you no stinking badges!”).  Until ...Read more

Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Last Thursday’s newspapers were full of news.  Above the Wall Street Journal’s crease, for example, readers learned about violence in Greece, where three people were killed in a firebomb attack during a national strike that was ...Read more