THE WASHINGTON TIMES DECKER: 5 Questions with BB&T’s John Allison ‘It’s easier for government to control a few large institutions’ By Brett M. Decker– Brett M. Decker, former Editorial Page Editor for The Washington Times, was an editorial page writer and editor for the Wall Street Journal in Hong Kong, Senior Vice President of […]
FORMER HEAD OF BB&T GIVES CAUSES OF 2008 FINANCIAL MELTDOWN Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) Money for Nothing Who caused the financial collapse? Just about everyone. Lewis E. Lehrman January 14, 2013, Vol. 18, No. 17 The Financial Crisis and the Free Market Cure – Why Pure Capitalism Is the World Economy’s Only Hope by John A. Allison, McGraw-Hill 320 pages, $28 EXCERPT
WHO CAUSED THE FINANCIAL COLLAPSE? Read More »
August 18, 2012 If Only They Had Listened Ryan was a voice for Fannie Mae reform while Obama opposed it. On July 27, 2000, a first-term Congressman from Wisconsin signed his name to the Housing Finance Regulatory Improvement Act. The 30-year-old legislator didn’t have much company. Of 435 Members of the House, only 12
IF ONLY THEY HAD LISTENED TO PAUL RYAN IN 2000 Read More »
DECEMBER 28, 2011, 7:28 A.M. ET The Fannie and Freddie Hate Storm A dubious prosecution but it helps set the record straight. By HOLMAN W. JENKINS, JR. EXCERPT FROM THIS ARTICLE: So where ultimately do Fannie and Freddie rank amid the confluence of ridiculous subsidies, private-sector opportunism and ungovernable global capital flows that contributed to
THE FANNIE AND FREDDIE HATE STORM Read More »
DECEMBER 19, 2011 The Speaker’s defense is hurting him as much as his $1.6 million payday. Newt Gingrich’s opponents aren’t letting up in their criticism of his lucrative ties to the failed mortgage giant Freddie Mac after he resigned as House Speaker in the late 1990s. More damaging to his Presidential candidacy is that Mr.
GINGRICH OF FREDDIE MAC Read More »
DECEMBER 23, 2011 What Fannie and Freddie Knew The SEC shows how the toxic twins turbocharged the housing bubble. Democrats have spent years arguing that private lenders created the housing boom and bust, and that Fannie Mae and Freddie Mac merely came along for the ride. This was always a politically convenient fiction, and now
THE TOXIC TWINS – WHAT FANNIE AND FREDDIE KNEW Read More »
DECEMBER 21, 2011 The Financial Crisis on Trial The SEC fingers the government-backed mortgage buyers, not Wall Street greed. By PETER J. WALLISON The Securities and Exchange Commission’s lawsuits against six top executives of Fannie Mae and Freddie Mac, announced last week, are a seminal event. For the first time in a government report, the
THE FINANCIAL CRISIS ON TRIAL – FANNIE AND FREDDIE Read More »
DECEMBER 12, 2011 In the U.S. mortgage crisis and the European sovereign debt crisis, bad policies subsidized bad investments. By L. GORDON CROVITZ EXCERPT FROM THIS ARTICLE: The reason prosecutors can’t prove criminal intent is that in many cases the bankers were simply trading in compliance with the regulations governing them. Art imitates life, even
FINANCIAL REGULATION: WORSE THAN A CRIME Read More »
NOVEMBER 30, 2011 The Congressman from Fannie Mae retires. It is a newspaper truism that what is good for journalism is bad for the country, and vice versa. Let’s just say that regarding the pending retirement of Congressman Barney Frank, we’re delighted to make the professional sacrifice. Few House Members have made a bigger legislative
THE BARNEY FRANK ERA Read More »
NOVEMBER 8, 2011 A cause to unite the tea party and the Occupy Wall Street crowd. The Occupy Wall Street protesters aren’t good at articulating what they want, but one of their demands is “end corporate welfare.” Well, welcome aboard. Some of us have been fighting crony capitalism for decades, and it’s good to have
THE CORPORATE WELFARE STATE Read More »
