Barack Obama’s press corps groupies are all atwitter these days as they follow him breathlessly on his around-the-world journey to discover where Iraq is. On the Republican side, talk show hosts like Sean Hannity are working desperately to convince the voters (and themselves) that McCain really is a conservative deep down, where it matters, most [...]
Entries from July 2008
July 17, 2008
It Usually Begins With Snidely Whiplash
(Special thanks to Against the Grain’s Gardner Goldsmith for discussing this story on his show).
Two years ago, Paula Taylor of Roxbury, Massachusetts, secured a subprime loan from Countrywide. Nine months ago, she stopped paying her mortgage and is now being asked to vacate the property. This, of course, is a great injustice, and Ms. [...]
July 11, 2008
I’m From the Government and I’m Here to Help the Housing Market
CNN reports that the Senate is now ready to “finally pass a comprehensive housing and foreclosure prevention bill.” Well, thank God Congress is finally getting involved in the mortgage industry! The laissez-faire attitude that has characterized the legislative branch’s reluctance to involve itself in economic issues for decades has allowed all those predatory lenders to [...]
July 9, 2008
War Powers Act – The Sequel
A “blue-ribbon panel” led by former Secretaries of State James Baker and Warren Christopher has recommended that the War Powers Act be replaced by a more “effective” resolution. According to these Constitutional experts, the problem with the existing War Powers Act is that it has been largely ignored over the years. The way [...]
