ALG's Daily Grind - Obama Taps Mel Watt for Fannie, Freddie to Push Mortgage Principal Reductions

May 2, 2013

Obama Taps Mel Watt for Fannie, Freddie to Push Mortgage Principal Reductions

If confirmed by the Senate, the $5 trillion housing finance agency under Rep. Mel Watt would push for mortgage principal reductions that almost nobody would qualify for except the privileged few.

Al 'Biden' Gore's Hollywood Reveal

Joe Biden must have dressed up in his best Al Gore, Jr. suit for a Beverly Hills global warming pep rally, as the man who "invented the Internet" bemoaned that a modern day Thomas Paine would struggle to get his pamphlet "Common Sense" to the masses today due to the high cost of television airtime.

A Bridge Too Far… From Common Sense

How can it take government two years to replace a 14-foot bridge?

Bloomberg.com: Central Banks Load Up on Equities

They're printing money to buy stocks?!