Hey Congress, Governing Is Not Like An Episode Of Star Trek

You Are Not There To Play Star Trek’s Captain Kirk “Politics is Hollywood for ugly people” -Paul Begala Anyone who has ever watched the television show Star Trek more than few times knows the formula for a good Star Trek episode goes something like this, the crew of the Enterprises finds themselves in a predicament […]

Obama’s Mortgage Crisis Working Group Falls Short Of Billing

Sam Stein and Ryan Grim, Huffington Post Hours before last year’s State of the Union address, the Obama administration offered The Huffington Post an exclusive. During his speech, President Barack Obama would announce a new law enforcement unit aimed at exposing and prosecuting financial fraud behind the housing crisis. The unit would be co-chaired by New York […]

White House Wants to Expand Refis for Underwater Borrowers

White House may be looking to expand the number of borrowers who can refinance their mortgages. Brian Browdie, American Banker The White House is considering a proposal that would authorize Fannie Mae and Freddie Mac to guarantee repayment by borrowers whose homes are underwater and whose mortgages aren’t backed by the government, the Wall Street Journal reported Wednesday. […]

It’s Time For Another Hate Mail Monday

Steve Dibert, MFI-Miami Yes, it’s time for another batch of hate mail I get for morons and other troglodytes who know nothing but think they know everything. This first three are in response to an article I wrote last week in the mist of Michigan’s Right-To-Work debate about how Dick DeVos wants to rule over Michigan […]

Hasta La Vista, Eddie! White House Seeking New FHFA Regulator

Nick Timiraos, Wall Street Journal The White House has begun preparations to nominate a new director to lead the agency that oversees Fannie Mae and Freddie Mac as soon as early next year, according to people familiar with the discussions. This would pave the way for President Barack Obama to fill what has become one of the […]

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