The legacy of George W. Bush
As we near the end of President Bush’s 2nd and last term in office, I thought it would be fitting to write about the legacy of one of the most maligned Presidents our country has ever had and most...
View ArticleThe lobbying efforts of Freddie Mac
Even as the Democrats do their best to blame the Bush administration for the failures of the housing market and the two government sponsored mortgage giants, Fannie Mae and Freddie Mac, more...
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Obama plans $275 billion housing bailout
This week in Mesa, AZ, President Obama unveiled a plan to help homeowners who are in trouble with their mortgages. This plan is being billed as a $75 billion bailout of bad mortgages but in reality,...
View ArticleFreddie Mac investigates itself
The prevailing public opinion seems to be that the blame for the current crisis our country is in lies squarely at the feet of the Republican Party in general and George W. Bush in particular. No...
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White house considers restructuring Fannie Mae and Freddie Mac
Does anyone remember Fannie Mae and Freddie Mac? Those were the two mortgage giants who received massive amounts of bailout money, taken over by the federal government, and who had well over $1...
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Dodd-Frank financial regulation
If the readers of Political Realities will remember, we have already discussed financial regulation reform on this blog. Back in April, I wrote about it and some of the criticisms that were being...
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President Obama’s Jobs Plan – Take Over Fannie And Freddie
It’s been a few days since it was first rumored that President Obama would be announcing a new jobs plan in September, after he returns from his vacation at Martha’s Vineyard. Much speculation has...
View ArticlePresident Obama To Occupy Wall Street – I Feel Your Frustration
I really, really thought I was finished writing about the Occupy Wall Street protests that are in their third week. I thought one post would be sufficient to air my concerns about these people who are...
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Fannie Mae and Freddie Mac Executive Bonuses
You remember Fannie Mae and Freddie Mac, don’t you? They are the two government-created mortgage institutions who were responsible, in large part, for the housing bubble that crashed down around...
View ArticleFreddie Mack Loses Billions, Requests Billions From Treasury
In an example of good money chasing after bad, consider none other than Freddie Mac, the government-controlled mortgage giant who was at the heart of the housing crash in 2008. Remember what we wrote...
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