U.S. taxpayers live in a bad neighborhood. Now the good neighbor, FHA, may be headed for a bail-out. FHA is $16 billion in the hole – we’re $16 trillion in the hole. How does that work?
Students and their parents are nearly a trillion dollars in hock over college tuition according to the WSJ.
After three years of anger over ObamaCare and the housing crisis, the Republican nomination is boiling down to RomneyCare vs The Freddie Mac water boy. Here’s Krauthammer.
We won’t have Barney Frank to kick around any more and vice versa – here’s Dana Milbank on Barney the Bully.
This was inspired by one of my favorite Don Wright cartoons. Unfortunately I can’t seem to find a link to it. The cartoon featured a Vietnamese family standing in a landscape of bomb craters waving thanks to American jets as they flew away at the end of the war.
I’ve always considered Barney Frank just as much a friend to the poor as we were to the Vietnamese.
As surprise front-runner Newt Gingrich begins unpacking his baggage in Iowa the first item up for inspection is his $1.8 million dollar punched ticket on the Freddie Mac gravy train.
The figures in the chart for Franklin Raines and James Johnson are from IBD. Gorelick’s $26 mil came from CNSnews.