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Good News! Our Economy Is SO Much Better Now, Especially For Democrats! »

Or at least that was the impression this headline from The Hill wanted us to believe, “Signs Of Turning Tide On Economy Lift Democrats, Obama’s Hopes.” Oh, Happy Day! Woohoo! The tide has turned, the economy is recovering, people are going back to work, Obama has parted the waters and slowed their rising, oh Hallelujah… [...]

Crazy Things Being Done By Our Government »

~Bumped up~ That are going to make my head explode. First, news that the ten executives at Fannie Mae and Freddie Mac, which are still operating in the red, and which are largely to blame for the housing crisis, got BONUSES. And I am not talking little bonuses, either. Those ten mo-fos got = and [...]

King Obama Doesn’t Need No Stinkin’ Constitution *OPEN THREAD* »

President Obama has done his darndest to go around Congress on a number of issues. His latest attempted end-run is for those who are in over their heads with their mortgages. Not just any mortgages, of course – only those by Fannie Mae and Freddie Mac. You know, the very institutions which helped to get [...]

So It Continues – Racism And Sexism In 2012! »

All in one post! Whee!! Ahem. Yes, once again, racism is being touted as the cause for the landslide shift in the 2010 election, according to Rep. Jim Moran (D-VA). Good grief. Yes, Rep. Moran made this ludicrous charge in an interview with an Arab TV station (honestly, I am having a hard time writing [...]

They Lied To Us, And Now We Are Footing Their Legal Bills »

Who would that be, exactly? Oh, you are going to love this. We, you and I, American taxpayers, are footing the LEGAL bills for the Fannie Mae/Freddie mac executives who drove our economy into the ground for fraud suits filed against them starting 10 years ago. Who would that be, exactly? Oh, you know, people [...]

“Retire Barney”; Sense on Cents Endorses Sean Bielat »

The Wall Street-Washington incest MUST end. This coming Tuesday, America has a chance to ring that bell, expose that incest, cleanse the system, and deliver the message loud and clear. The peal of that bell must emanate from the 4th District in the state of Massachusetts. You do not need to read Sense on Cents [...]

The Real Issues Behind the Foreclosure Crisis »

What is really going on in regard to the moratorium on mortgage foreclosures? A lot. Not all of it would qualify as the best of “sense on cents.” My thoughts include the following: 1. Can we now declare the HAMP (Making Home Affordable) program to be totally futile? How is it that everybody on Wall Street and in Washington [...]

Must Be Nice To Jet Around On Someone Else’s Dime [UPDATES] »

/ Bumped Up / UPDATE: Two of them, actually. Since I am in my hometown after having seen my orthopaedist, and have to get something from my mom’s house (now my brother’s house), I have this on the jobs front. This came in on Friday, to add to the high Unemployment filings for the last [...]

Fannie and Freddie: The Legacy of Washington’s Financial Illiterates »

When the day of reckoning comes, the record will show that those misguided, incompetent and reckless legislators who supported and were supported by the house of cards known as Fannie Mae and Freddie Mac will have cost our nation untold hundreds of billions of dollars. In fact, the losses attributed to these organizations may ultimately [...]

Tell Me Again Why Freddie Mac »

And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]

No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Bill Berliner »

Editor’s Note: May 9th program concluded and promo bumped down. You can catch the podcast of the show via BlogTalkRadio or iTunes. Check the right column for instructions on how to listen via iTunes. The challenges on our economic landscape remain daunting. While employment and manufacturing may be stabilizing, the housing and mortgage markets remain [...]

In Growing Numbers, We Feel Alienated from Our Own Government – Peggy Noonan and Jane Hamsher Explain … »

If anyone wonders why 24% of the population identify with the Tea Party movement, or what prompted Jane Hampsher of FireDogLake to note that Progressivism Is Dead, while expressing fury at being sold out to corporate oligarchs and government elite, look no further than Peggy Noonan’s WSJ piece, The Big Alienation, which aptly describes the [...]

Fannie And Freddie’s Lasting Impact **UPDATED** »

~~Bumped Up~~ The DOW continues to be on the rise, which is certainly some good news, particularly for investors. Unfortunately, that is not translating into new jobs. Quite the opposite, in fact. For the second week in a row, first time unemployment benefits have risen, this week close to half a million (484,000), a rise [...]

Where is Wall Street Hiding Hundred Plus Billion in Lo$$es? »

Banks are increasingly healthy, right? Our nation’s accounting rules promote real transparency and integrity in our financial reporting, right? Housing is bottoming, right? No, no, and no! Why so pessimistic, you may ask? I am not pessimistic at all. I am merely searching for the truth in the midst of the smoke and mirrors on [...]

Barney Frank Wants to Roll the Dice Back on Sub-Prime Lending »

If you wonder why America is broke, look no further than the individual who wanted to roll the dice on sub-prime lending, that is the Democrat from The People’s Republic of Massachusetts, Barney Frank. In an interview on CNBC, Frank as much admits that maybe sub-prime lending should have been more regulated. Wow! What balls! [...]