The New York Times concerning Fannie and Freddie: The administration is still considering these and other options. The choice will reflect in large part a judgment about how hard the government should try to increase homeownership. Broader guarantees create greater risks for taxpayers, but also lower interest rates, bringing ownership within reach for more families. […]

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The Wall Street Journal on the national deficit: At $1.47 trillion, the federal deficit this fiscal year exceeds all defense and nondefense spending at Congress’s discretion by $110 million. In other words, lawmakers could eliminate the entire military, all federal education, agricultural, housing programs, federal prisons, the Central Intelligence Agency, Federal Bureau of Investigations, Coast […]

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Reason: That’s right. A hundreds-of-millions-of-dollars spending bill made its way through Congress, and no one even noticed that the damn thing didn’t have a name. Which also means you can probably count on one hand the number of lawmakers who actually know what’s in the bill—and still have a finger left over to let them […]

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I’m certainly not one to easily buy in to the modern day meme in conservatard circles that the only meaningful form of racism left in the US is that of minorities against white people. Outside of anecdotal evidence, it’s mostly pure bullshit seemingly designed to get insecure white guys all riled up about “them” taking […]

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Fuck cops. From The Denver Post: Denver officials are deeply divided over the proper level of punishment for a police officer who was seen on video tackling and beating a 23-year-old man who was doing nothing but talking on a telephone outside a LoDo nightclub. Deeply divided? How the fuck can anyone be deeply fucking […]

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Yeah, that about sums it up nicely.

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Fannie Mae: Who gives a shit that we are underwriting loans for people who may be taking on too much debt? We certainly don’t. I mean, it’s only taxpayer money.

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Austerity. Fucking. Works. Los Tiempos de Nueva York: Germany has sparred with its European partners over how to respond to the financial crisis, argued with the United States over the benefits of stimulus versus austerity, and defiantly pursued its own vision of how to keep its economy strong. Statistics released Friday will buttress the German […]

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James C McKinley Jr. via the Times, concerning Michael A. Green being released from prison because of DNA evidence exonerating him 27 years after being convicted due to a rigged visual identification:1 Some states, among them North Carolina and Ohio, have passed legislation changing the way lineups are conducted to reduce the possibility of an […]

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The New York Times: Some lawmakers say that the current mood could be an aberration and that the spending pendulum could just as rapidly swing back. Let’s hope not.

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