The Federal Housing Administration, which insures mortgages with low down payments, may require a U.S. bailout because of $54 billion more in losses than it can withstand, a former Fannie Mae executive said.
For a half-year, this editorial page has lamented the determination of President Barack Obama, Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi to fast-track extraordinarily complex legislation overhauling the U.S. health care system.
Or did radical Bill Ayers, co-founder of the Weather Underground, write it?
AS of 7:09 AM ET CNBC and Marketwatch do not have anything on their front page about the Asian intervention in foreign currency markets to prop up the collapsing dollar.
"Make no mistake. We're now in the middle of a bloodless coup – the takeover of an entire nation by the hate-America crowd – a cold-blooded gang that despises America's prosperity, our standing in the world, our trust in God and our generosity and go
I hope all you folks who voted for "change" have learned your lesson. I, too, was happy to see George W. Bush go. I was also happy we didn't get another Clinton in the White House. And, it's no secret I didn't like John McCain. But this guy,
The US has fallen even further into the red, with its budget deficit reaching a record level.
The sharp fall in the US dollar is giving ammunition to the critics of the Obama administration and fuelling broader concerns about the erosion of America’s reserve currency status.
Obama’s Attorney General, Eric Holder, has apparently hired a cadre of left-wing, Democrat campaign bloggers to troll through the Internet looking for news stories and blog posts that denigrate the Obama agenda.
A top Senate Democrat said just because other presidents have created "czars" to carry out administration policy does not mean President Obama is right to follow their lead - and warned that Congress may have to step in and keep White House appointee
When it comes to presidents tuning out generals, the left has changed its tune, now that it has a commander-in-chief it believes in
Do we even have to tell you that this will be a disaster? For some time now, the government owned mortgage finance companies known as Fannie Mae and Freddie Mac have been secretly making commitments to purchase loans from Provident Funding Associates
It appears gold mania is spreading, and if this press release by the US Mint is any indication, it has hit the broad population. As a result, the administration is taking prompt "corrective" steps:
The first nudges are in place. In President Obama's Washington, medical specialists are slightly more popular than the H1N1 virus.
President Obama expressed gratitude to the newly streamlined intelligence community Tuesday even as he warned that "no one can ever promise that there will never be another attack on America's soil."
A group of red shirt-wearing Chavista thugs show up at a farm and seize the farm in the name of the government, under the pretext that the 103 hectare farm is “idle land” and that the law allows them to take it over for “food production.” The farm
Despite having authored two autobiographies, Barack Obama has never written about his most important executive experience. From 1995 to 1999, he led an education foundation called the Chicago Annenberg Challenge (CAC), and remained on the board until
Sure, that is all very sad...Don't you realize, though, how much money Goldman Sacks and George Soros put into getting Obama elected? You think billionaires invested in a presidential election because they cared about the common man?
Greg Mankiw continues to trace the unemployment rate (see chart) as predicted by the original calculations of the effect of the fiscal stimulus as against no-stimulus. My advanced “eye-ball” extrapolations suggest that we are following the same path
Human rights groups are beginning to question President Obama's commitment to their issue as the administration engages authoritarian regimes, retains the option of sending terrorist suspects abroad to places where they might be tortured and puts off
Is the U.S. stepping up preparations for a possible attack on Iran's nuclear facilities?
This is a special alert from Alex Jones reminding everyone out there that my latest documentary movie, Fall Of The Republic, lands on October 21st and that we need everyone to see this film, make copies, and spread the information
The big question on the domestic front right now is whether President Obama understands the gravity of the employment crisis facing the country. Does he get it? The signals coming out of the White House have not been encouraging.
Moore also clearly illustrates the revolving door between the executive suites of high finance and the halls of government. (The name of Goldman Sachs, the big investment banking firm, crops up a lot here he pointedly notes that Goldman Sachs was the
Obama’s inner-circle is shaping-up like the bar scene from Star Wars. It’s a swollen throng of unaccountable czars and policy advisors comprised of some of the most bizarre fringe leftists imaginable. As mom always said, you’re known by the company y
Robert Gibbs blamed FOX News for the latest White House scandal. Safe Schools Czar Kevin Jennings praised the founder of NAMBLA and hid statutory rape from the authorities. The White House says it's FOX News' fault.
The National Retail Federation threw some cold water on the holiday:WASHINGTON--(BUSINESS WIRE)--The National Retail Federation today released its 2009 holiday forecast, projecting holiday retail industry sales to decline one percent this year to $43
Obama inherited a crisis, to be sure, but he has made it much worse. President Barack Obama may be remembered for permanent depression, the way that Leon Trotsky's name is linked with permanent revolution. Fiscal stimulus combined with near-zero inte
Republicans would have you believe that Obama is turning this country into some socialist or fascist nation. Saturday Night Live shows you this is not the case....
Clearly, the model for the New World Order expansion appears to be to use existing organizations as fronts, if the World Bank will be playing a role in food security and climate change. Geithner in his remarks also stated that: