Image via Wikipedia Image via Wikipedia Obama announced his new budget, which exceeded most people’s expectations regarding spending. The deficit is likely to be worse than projected because of rosy [...]
Federal Housing Administration
 Enron was an Ethical Angel compared to our GovernmentImage via Wikipedia Image via Wikipedia Fannie Mae reports third quarter loss of $18.9 billion and requests another $15 billion in taxpayer funds. Another government enterprise comes back to the [...] |
 FHA Next Taxpayer BailoutImage via Wikipedia Whether you know it or not, you are insuring loans that private banks and businesses are unwilling to make. Quite simply, these loans should not be made [...] |
 The Mortgage Market has been NationalizedWhile we fret about the nationalization of the health care market, the mortgage market has already been nationalized. Thanks to NII for this email: The Federal gov’t– FED, FHA, Fannie, [...] |
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 Welcome to the Government’s Version of Russian Roulette?Image via Wikipedia Would you invest in a financial company that is going bankrupt? Actually, you already have! While you may have been an unwilling investor in FNM, you are [...] |
 Yogi Berra GovernmentA recovery in the economy can only occur via recovery in the private sector. Much of what has been hailed as “green shoots” results from government stimulus. It is not [...] |
The Psychopathology of Government and its Agents
Ratcheting to Ruin
Ponzi Scheme Unravels
HAPPY NEW YEAR, NOW GO TO THE BOMB SHELTER
Wisdom: Friedman on Socialized Medicine
Burning The Furniture and Eating The Seed Corn To Survive
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