Daily Archives: October 9, 2012

Could Fannie Mae and Freddie Mac Add $1 Trillion to Deficit

In 2003, Rep. Barney Frank (D-MA) famously denied that “the Federal Government is obligated to bail out people who lose money in connection” with Fannie Mae and Freddie Mac:  “There is no guarantee, there is no explicit guarantee, there is … Continue reading

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One Sentence That Nails Obamacare

In August candidate for Illinois State Senate, District 18, Dr. Barbara Bellar decided to start off a fundraising event in a lighthearted manner . . . so she took on Obamacare and this is what she said: We are going … Continue reading

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Small Business Pessimism

The actions of one small business may have only a local impact. But when the actions are repeated by thousands of firms across the economy, the consequences can be very large. That is why the recent cautious tone among small-business … Continue reading

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