Karl Rove today wrote in the Wall Street Journal that “Mythmaking is in full swing as the Bush administration prepares to leave town.” He claims that the Bush Administration tried to rein […]
False conservatives lie that Fannie and Freddie caused the subprime mortgage crisis
Some conservatives have been blasting Fannie Mae and Freddie Mac, as well as the Community Reinvestment Act, as the source of the mortgage crisis and subsequent financial meltdown. On Tuesday, October 7, […]
Quotabull
With the bailout of Freddie Mac and Fannie Mae, the Reagan revolution has at last realized the robber barons’ dream: privatize the profits and socialize the debt. Nicely done, fellas. — a […]
Fannie and Freddie, the economy, and the election
In case you haven’t heard, Treasury secretary Henry Paulson announced this morning that the Treasury was taking over government-sponsored mortgage giants Fannie Mae and Freddie Mac. To get an idea of just […]
Nota Bene #32
Got hot links if you want ’em! In “Yes We Can,” his response to the skepticism he expected Al Gore’s speech to be met with, the New York Times’ Bob Herbert writes: […]