Government Mortages: The New Balancing Act
Today US Treasury Secretary Henry Paulson announced plans for the new Federal Housing Finance Agency (FHFA) to take Freddie Mac and Fannie Mae into conservatorship. The power to do this was provided in HR 3221 which was passed in July. The move includes replacement...McCain’s Acceptance Speech
A lot of you have seen the speech, some have not. Overall, high marks for contents. Very high. I think he brought out the right issues, positions, and comparisons with Obama. He’s working out the differences, which he needs to continue to do. Probably the...We’re Losing Momentum On Oil Prices
The price of crude is hovering around $115 / bbl. At this point, I suspect it won’t make much motion, especially not downward, until some real action is finally taken by Congress to open up drilling. I agree with the refrain of Republicans to do “all of...
Swamp Stomper Alert: Pelosi’s Pickens
In this weekend’s Wall Street Journal, there is a report of an investment made by Nancy Pelosi and her husband. They put somewhere between $50,000 and $100,000 into T. Boone Picken’s company, Clean Energy Fuels Corp. At first blush, the relatively small...Instant Replay in Baseball: Give Me a GOOD Reason
There are a number of sports that you can still listen to on the radio and know exactly what’s going on. There are a number of sports that are so fast paced that TV is the only way to watch, and the plays are so hard to follow even for officials, that...Stay in Touch
