Are Treasury and Congress Doing The Right Thing?

by Art Smith

I’m surprised there has not yet been a run on my bank.  The way that Bush, Paulson and Congressional Leaders are reacting to the liquidity angst on Wall Street would make you think there’s no money left, and we only have days or perhaps hours to get our...

The View From Here Is Dreadful

by Art Smith

I watched Friday’s John and Cindy McCain interview on The View.  Below is part 1; parts 2 and 3 should be accessible from the video. [wp_youtube]3Mnj1njG4ww[/wp_youtube] I see several posts refering to this interview as “McCain Grilled On The View”,...

Is The Crisis Abated?

by Art Smith

On Sunday I shared some initial thoughts about the Fed take-over of Fannie Mae and Freddie Mac. If you read it, you know I’m not exactly happy about the outcome.  My friend Bithead shared some great thoughts Monday, and I don’t disagree that something...

Government Mortages: The New Balancing Act

by Art Smith

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...

So, Are We Paying Attention?

by Art Smith

I’m hoping that the fact you have come to this web site means that you care more about government than the average person.  If you care about government, how we do government, and who is doing the work of government on our behalf, then this article is for you....

Heller Succeeds: Part 1

by Art Smith

Dick Heller, of DC v. Heller fame, finally got a gun permit today.  Unfortunately, that’s only part of the story. The District is treating semi-automatic handguns as “machine guns”.  So, the registration he succeeded at acquiring only allows him to...