Washington Post‘s Fact Checker Debunks Obama’s Latest Bush-Blaming Ad

“It is time for the Obama campaign to retire this talking point, no matter how much it seems to resonate with voters. The financial crisis of 2008 stemmed from a variety of complex factors, in particular the bubble in housing prices and the rise of exotic financial instruments.”

 

Becket Adams The Blaze […]

Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says

Ylan Q. Mui The Washington Post 6/11/2012

The recent recession wiped out nearly two decades of Americans’ wealth, according to government data released Monday, with ­middle-class families bearing the brunt of the decline.

The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 […]

Dallas Fed Calls for Breakup of Big Banks

Joe Weisenthal Business Insider 3/21/2012

It’s hard not to think it’s a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks.

The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too […]

Sen. Susan Collins: ‘Time-out’ for business regs

Mackenzie Weinger Politico 9/26/2011

Sen. Susan Collins says businesses need a “time-out” from excessive regulations that discourage job creation.

The Maine Republican wrote Monday in the Wall Street Journal that American employers “dread what is coming next out of Washington” — and Congress must pass the legislation she has proposed imposing a one-year moratorium on […]

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