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How to Handle the Mortgage Mess? Do the Right Thing.
The more I think about the mortgage crisis and the outright socialist solutions coming from both Democrats and Republicans, the more I think of this question asked in Tuesday night’s debate: Since World War II, we have never been asked to sacrifice anything to help our country, except the blood of our heroic men and [...]
Aww, A Little Socialism is Okay if it’s Republican Socialism?
Ed Morrissey says that we shouldn’t worry about McCain’s Big Brother Mortgage Holding Company. After all, it already passed Congress and it’s nothing new, so why fret about it? Well, how about I take a shot at answering that? I’ll start with a quote from his post. First, lenders already have begun modifiying mortgages, including [...]
John McCain’s Mortgage Nationalization Program (Or, No, Senator. I Guess I Wasn’t Planning on Buying a House Anytime Soon…)
Well here’s the scoop on John McCain’s Big Mortgage Nationalization Project. AMERICAN HOMEOWNERSHIP RESURGENCE PLAN John McCain will direct his Treasury Secretary to implement an American Homeownership Resurgence Plan (McCain Resurgence Plan) to keep families in their homes, avoid foreclosures, save failing neighborhoods, stabilize the housing market and attack the roots of our financial crisis. [...]
Shiny New Socialism
Larry Kudlow muses: Why does it seem to me that all Washington ever seems to talk about these days is bailouts? Bailout Freddie Mac. Bailout Fannie Mae. Bailout Wall Street. Bailout homeowners. Is it possible in America today that no one is allowed to fail? You know, Phil Gramm was right. We are a nation [...]
Chris Dodd, Marxist Thief
Senator Chris Dodd is a would-be thief: Co-host Joe Kernan called the Connecticut senator on the idea, asking if he was going to apply the same strategy to other types of businesses. “Are you going to go across industries across the board and decide what Congress thinks is a fair amount of profit and drawing [...]
That’s What You Said