It wasn’t so long ago that Obama decided that he was the only thing between wall street and the pitchforks.   As I commented at the time in a Pajamas Media article, America’s bankers lack backbone. Maybe I’m being unfair to the current crop of bankers. After all, the problem has always existed. It’s just that […]

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davidl on March 4th, 2009

From World Web: Noun: single combat 1. A fight between two people “in all armies there were officers who needed to prove their bravery by single combat” Rush Limbaugh, via Gateway Pundit: I am offering President Obama to come on this program — without staffers, without a TelePrompTer, without note cards — to debate me […]

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Eric Florack on October 21st, 2008

Over at OTB, Steve Verdon restates what I’ve been saying here for weeks:   An older article, but relevant. It is important to understand that, as GSEs, Fannie and Freddie were viewed in the capital markets as government-backed buyers (a belief that has now been reduced to fact). Thus they were able to borrow as […]

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