Standard & Poor's cut its outlook on U.S. government debt to negative, a stark warning from the credit-rating firm about the country's fiscal problems. Here's a look at S&P's credit rating and outlook among advanced economies and emerging economie...
TALLAHASSEE – The Florida Senate Committee on Governmental Oversight and Accountability on Wednesday approved an amendment to include “electronic authentication,” as well as “biometrics” to Florida Driver’s licenses. In addition, the amendment to SB...
This CF&P Foundation's Economics 101 video discusses the Moral Hazard, which occurs when bad choices are subsidized. This often happens when government intervention lets people take risks while having little or no skin in the game. Housing policies, f...
Competition promotes innovation and results in higher quality and lower costs. Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a b...
The Federal Housing Administration (FHA) is a United States government agency created as part of the National Housing Act of 1934. Insured loans made by banks and other private lenders for home building and home buying. The goals of this organization are:...
The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with other GSEs, Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market. This...
Chris Dodd interviewed here on CNN and also interviewed on Softball with Chris Matthews says he added the Bonus Loophole at the urging of Treasury Officials.
Socialist Democrats actually claim that they can create a 100% tax to cop peoples income in America and do so retroactive. Progressives promote to kill members of Wall Street who receive bonuses.
Sheppard Smith from Fox goes off on Christopher Dodd and Barney Frank for pulling the wool over the eyes of the American Taxpayer. Just like Fannie & Freddie, THEY created the fiasco, and then tried to pull a fast one and ACT (read: LIE) like they wan...
With the financial sector in turmoil today, the media and the politicians have started throwing around blame with the same recklessness as lenders threw around credit to create the problem. Politically, the pertinent question is this: Which candidate for...
Ken Blackwell writes on NRO: As negotiations over Congress’s emergency rescue bill continued over the weekend, repeated rumors leaked out that the Democrats were trying to funnel money to a hyper-partisan organization involved in criminal voter fraud. I’m...
Mr. Chairman, we do not have a crisis at Freddie Mac, and in particular at Fannie Mae, under the outstanding leadership of Mr. Frank Raines. Everything in the 1992 act has worked just fine. In fact, the GSEs have exceeded their housing goals. What we need...