Barney Frank calls Barack Obama dumb.
(H/T Instapundit) Come, I will conceal nothing from you: I respect Barney Frank‘s political skills. I absolutely can’t stand what he uses those skills for, but I recognize that Rep. Frank has them, and that he knows how to use them effectively. To give just one example, Rep. Frank was about the only Democrat to make it through last year’s August health care meltdown without | Read More »
White House to bailout underwater mortgages?
Today’s hot rumor comes from James Pethokoukis: essentially, the White House (which is becoming increasingly frantic about the way that their Super Magical Unicorn Genius economic plans aren’t working) is scheming to partially bail out people with underwater mortgages. I know, I know: the government was not supposed to acquire Fannie/Freddie just to completely rewrite their balance sheets, but the existing scheme to let the | Read More »