By MARY KISSEL Talk about not learning from past mistakes: A government department is again intimidating banks into lending to minority borrowers at below-market rates, all in the name of combating “discrimination.” Welcome to the next housing mess. The 1990s may have brought us supercharged politicized lending, but Eric Holder’s Department of Justice is taking the game to an entirely new level,... Read more
Archive for the ‘Obama’ Category
Mary Kissel: Justice’s New War Against Lenders – WSJ.com
August 31 | Posted by mrossol | American Thought, ObamaStocks Hit by Obama Oration – WSJ.com
August 10 | Posted by mrossol | Debt, Liberal Press, Obama, The LeftThe Left cannot see it… ================ By JAMES FREEMAN Ever since Watergate, Washingtonians have responded to every political scandal by saying that “It’s not the crime; it’s the cover-up.” Perhaps they should develop a corollary for budget disasters: “It’s not the downgrade; it’s the White House reaction.” Stock-market historians may soon be debating which did more to drive yesterday’s sell-off: the Friday decision of... Read more
Obama’s New Gifts to Organized Labor
August 9 | Posted by mrossol | Obama, Party PoliticsBy EUGENE SCALIA Government encroachments typically come as a wolf in sheep’s clothing, Justice Antonin Scalia once observed, but occasionally they are brazen—then, the “wolf comes as a wolf.” The Obama administration recently proposed a pair of rules to help unions win workplace elections. One rule is obviously a wolf. The other is a pretty creepy looking sheep. The “wolf” is a... Read more
They Once Loved Jimmy, Too
August 9 | Posted by mrossol | American Thought, Obama, The LeftWon’t find this in the NYT… In a polarized nation, on the eve of another divisive contest for the White House, those seeking a unified America are not without hope. For amid the partisan bickering, there remains one principle on which all Americans are agreed: Any comparison to Jimmy Carter is always and everywhere a put-down. Given Mr. Carter’s Democratic affiliation, it’s... Read more
