Ben Bernanke Walks into a Bar, Andrew Cuomo Appraises the Nation

Jeez. The Clinton Obama show is killing comedy. Great jokes are getting lost in the sauce. Did you hear the one about Federal Reserve Chairman Ben Bernanke? Ben walks into a bar. A pair of antlers on his head. “Been cuckolded, mister?” asks a chippy, trying for a...

Stimulus Package Store, GSE Jumbo Out Back

Hot damn. The government is going to stimulate the economy. Not with a lap dance or lubricated love glove, but with taxpayer dollars. Come summer, Mister and Miz America will get a rebate from Uncle Sam. What a man! Some people will get more than a thou of their own money...

The Mortgage Mess Lawsuit: Countrywide and Miles High

As 2008 opened wide, predictions were made by seers of all stripes. Britney and Hillary would triumph/implode. Pakistan would stabilize/explode. The housing market would rebound/erode. Predictions re the latter tended to focus on nuts, bolts, and bailouts. As in-- Bernanke...

The Bush Subprime Bailout: Limited Surge or Taxpayer Quagmire?

Ick! The Ownership Society of crap mortgage lending that President Bush pushed so assiduously has gone and done an Iraq on the carpet. Attention taxpayers and homebuyers dumb enough to save for real down-payments. The roar you hear at the door is Dubya with a wallet-sucking...

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