Category Archives: Fannie Mae and Freddie Mac

The Inevitable Second Thoughts

Yeah, yeah – suffering builds character. People tell you that to make you feel better. Of course you don’t feel better – just depressed and exhausted. But maybe they’re right – maybe the next time, when you are once again … Continue reading

Posted in A New RTC, Blaming Obama for Everything, Democracy's End, Economic Meltdown, Fannie Mae and Freddie Mac, Financial Meltdown, Fox News, Hedge Funds, Home Ownership, Like the Great Depression, Market Behavior, Nationalizing Financial Firms, Objections to the Bailout, Paulson and Bernanke Fix Everything, Race and America, Racism Lives On, Regulation of the Markets, Resolution Trust Corporation, SEC Regulation, Stock Market Crash, Sub-Prime Crisis, The 700 Billion Bailout, The Financial System, The Limits of Capitalism | 1 Comment

The Bailout as Seen from Boston, Paris, Atlanta and Los Angeles

The fallout continues from Sarah Palin claiming she opposed that famous bridge to nowhere, and that new McCain-Palin ad – the Original Mavericks – where the claim is that “she stopped the bridge to nowhere.” She did, all by herself, … Continue reading

Posted in Amtrak, Blaming the Press, Charlie Black, Complexity, Economic Issues, Economic Meltdown, Fannie Mae and Freddie Mac, Home Ownership, Journalism, McCain's Palin Gamble, Palin Lies, Palin Under Wraps, Palin Unqualified, Qualifications to be President, The Bridge to Nowhere | 2 Comments

The Joy of Not Knowing Things When No One Else Does Either

If politicians know one thing, they know this. Explaining things that you yourself don’t understand can get you in trouble – explaining economics, for example.   People listen politely, then someone in the back, sensing that they’re hearing nonsense, smiles. … Continue reading

Posted in Character, Complexity, Economic Issues, Economic Meltdown, Elitism, Fannie Mae and Freddie Mac, Lying to Win, McCain's Authenticity, Obama, Obama Too Cool, Palin Lies, Palin Unqualified, Qualifications to be President, Sarah Palin | Leave a comment

Not to Worry

Friday, September 5, thing were supposed to settle down. The political conventions were finally over, capped by John McCain’s workmanlike speech – long on character (he has it, he says), and short on the issues. In fact the issues didn’t … Continue reading

Posted in Church and State, Economic Issues, Economic Meltdown, Elitism, Exploiting Resentment, Fannie Mae and Freddie Mac, Heartland Voters, McCain, McCain's Authenticity, McCain's Palin Gamble, McCain's Service, Nixonland, Obama as Messiah, Offshore Drilling, Palin Scandals, Palin Unqualified, Personality-Driven Politics, Political Pandering, Qualifications to be President, Religion and Politics, Sarah Palin, Style versus Substance, The Conservative-Liberal Divide, The Economy, The New Republican Party, The Power of Narrative, Values Voters | 6 Comments

The House of Essential Lies

Friday, July 11 – the end of a long, strange week – and it was hard to muster the energy to think about what Jesse Jackson said about Barack Obama (words he thought no one would hear, but Fox News … Continue reading

Posted in Economic Issues, Economic Meltdown, Fannie Mae and Freddie Mac, IndyMac, McCain, Obama, Obama Visits Europe | Leave a comment