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“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

Two Thursdays ago, President Obama announced a new policy: imposing a “Fiscal Crisis Responsibility Fee” on Wall Street.  The title is both shifty and judgmental, with the judgments based more on emotion than on fact.  The fee is actually a ...Read more

Barack Obama became America’s 44th President in troubled economic times. On the home front, his “conservative” predecessor had authorized spending that created a deficit of $l.3 trillion. Real-estate markets, stock markets, and financial markets collapsed. Advanced economies run on ...Read more

Barney Frank, D-MA, takes  gamblers’  interests to heart.  As Chairman of the House Financial Services Committee (HFSC), he plans to replace the Unlawful Internet Gambling Enforcement Act (UIGEA), a regulation made in the “midnight hours” of the previous Administration, with ...Read more

Do conflicts of interest make  Goldman Sachs the new Halliburton?  No.  It may be even worse.

Halliburton/KBR had a revolving door for Dick Cheney that served both of them well.  Their problem is that Cheney as Vice-President was very visible, very ...Read more