Power Failure: Barney Frank Calls It Quits

December 2, 2011

Congress isn’t as much fun without the gavel, so Barney Frank is moving on.

Comments Off

A Presidential Malpractice Complaint

September 8, 2011

A Bloomberg columnist challenged readers to “prove” Obama is a bad president. Here you go.

Comments Off

My Letter To A Senator Friend

March 29, 2011

Sen. Jon Tester, D-Mont., is a personal friend whom I have known for 35 years. My college roommate was his high school classmate in Big Sandy, the farm town on the high plains where Jon maintains his family homestead. I was an enthusiastic supporter when Jon was first elected to the Senate in 2006. His narrow victory over three-term Republican Conrad Burns was crucial in the Democrats’ sweep to a …

Comments Off

Under Housing’s Weight, Uncle Sam Finally Shrugs

February 16, 2011

Three years after the housing market’s collapse, the federal government finds itself backing nine out of every 10 new residential mortgages, some of which still require buyers to put less than 10 percent down. Like Atlas with Earth on his shoulders, Uncle Sam is bearing the weight of nearly the entire housing industry, such as it currently is. If today’s mortgages go bust like their predecessors in recent years, the …

Comments Off

Recklessness Has Its Place

January 26, 2010

President Obama is moving aggressively to stamp out what he calls “reckless risk” on Wall Street. The place for reckless financial behavior, in the president’s view, is Washington, D.C., where he can direct it. Smarting from his party’s loss last week in Massachusetts, Obama took another swing at his favorite political punching bag — the nation’s big banks — by declaring that they should be banned from running hedge funds …

Comments Off

Ben The Boogeyman

December 11, 2009

With unemployment in double digits and elections less than a year away, the search for an economic boogeyman is in high gear on Capitol Hill. Meet Ben Bernanke, chairman of the Federal Reserve. President Obama’s nomination of Bernanke for a second term, together with financial regulatory reform proposals from both the administration and Congress, have given lawmakers a chance to blame the Fed for current conditions and to try to …

Comments Off

Loose Change

December 8, 2009

You know that good feeling you get when you put on your warm jacket for the first time in the season, reach into the pocket and find a $20 bill you didn’t know you had? President Obama knows that feeling. Just when he was under pressure to do something — mainly, to spend money — to reduce unemployment, his administration reached into the pocket known as TARP and pulled out …

Comments Off

Sorry, you can not to browse this website.

Because you are using an outdated version of MS Internet Explorer. For a better experience using websites, please upgrade to a modern web browser.

Mozilla Firefox Microsoft Internet Explorer Apple Safari Google Chrome