In the latest episode of Barack Unbound, the Obama administration has announced an important executive initiative. The Federal Housing Administration (FHA) will cut the fee it charges to insure mortgages from 1.35% of the value of the mortgage to 0.85%. It will also try to encourage lenders to relax lending standards. I suspect that this […]
Via Washington Post‘s Phillip Bump comes some interesting graphs on the gender, race, and religious composition of our new Congress: The 114th Congress, which gets to “work” on Tuesday, is one of the most diverse in American history…
Dan here…Several liberal friends reacted viscerally to the beheadings by ISIS, an appropriate response of anger and horror. It is the simplicity of viewpoint and the conclusions drawn that bother me. by Linda Beale from 2010… Torture, it’s the economy stupid
Dan here…another re-post today, this one from NDD at Bondadd blog. by New Deal democrat A thought for Sunday: one step from despair [Who said: “I believe that our Great Maker is preparing the world, in His own good time, to become one nation, speaking one language, and when armies and navies will be no […]
Dan here…while this kind of post reads esoteric to non-lawyers, it is another example of courts being used to change basic functions of government. In this case on tax court jurisdictions. Lifted from ataxingmatter. by Linda Beale Kuretskis Seek Certiorari at Supreme Court about Tax Court Peter and Kathleen Kuretski submitted a 2007 tax return […]
lifted from Robert Waldmann’s Stochastic Thoughts Dan here…lest this issue disappear, I am taking my cue from an earlier set of posts from Waldmann and reposting here. Senate Torture Report (executive summary) I am starting at page 192 III “Intelligence Acquired and CIA Representations on the Effectiveness of the CIA’s Enhanced Interrogation Techniques to Multiple […]
Dan here…Paul Krugman New York Times Dec. 24 notes Robert’s thinking on current story lines by some economists in macromedia. Other posts by Robert on the subject can be found here, here, here, and here. Krugman writes: Robert Waldmann is shocked, shocked, to find conservative economists not doing their homework: Even now, I am shocked that economists didn’t bother to […]
http://bonddad.blogspot.com/2014/12/the-oil-choke-collar-2015-may-be-acid.html The Oil Choke Collar: 2015 may be the acid test – by New Deal democrat It’s nice to be proven right. Even more, it’s nice to be proven right, for the right reason. Back in 2011, I described what I called the “Oil choke collar,” writing: For the second time in two years, Oil’s […]
Cynthia Lummis, a wealthy Republican House member from Wyoming, claims her husband passed away, thanks in part to Obamacare. Lummis cited the law as a major contributing factor to her husband’s demise. Instead of blaming her husband, who could easily have afforded the test (who elected to skip the necessary diagnostic), she blames the best […]
The big news story of the last 24 hours, of course, is the Senate Intelligence Committee’s sickening torture report. But you might also have heard about Wyo. Rep. Cynthia Lummis’s dramatic statement yesterday as a member of Darrell Issa’s Committee on Oversight and Government Reform’s Jonathan Gruber/Marilyn Tavenner Obamacare hearing. The purpose of the hearing […]