Naktinis NuorodosFebruary 12, 2013 by MC | Filed under Stuff.
- Glenn Greenwald: “...Obama has embraced and expanded the core premises of the Bush/Cheney global war on terror that Democrats so vehemently claimed to find offensive, radical, a ‘shredding of the Constitution.’ And they are now supportive for one reason and one reason only: it’s a Democratic president whom they trust – Barack Obama specifically doing it — rather than a Republican president they distrust. That is the very definition of vapid, unprincipled partisan hackdom, and it matters for several reasons.“
- J.D. Tuccille: “Just two months ago, with regards to the mortgage meltdown that government apologists have been eager to lay at the door of moustache-twirling Wall Street types, a research paper answered the question, ‘Did the Community Reinvestment Act (CRA) Lead to Risky Lending?’ with a resounding, ‘yes, it did.’ Now, Investors Business Daily tells us that, as the federal government encouraged ever-riskier loans with fewer and fewer safeguards, the most enthusiastic issuers of the mortgage-backed securities that ultimately crashed in spectacular form were (can you guess?) Fannie Mae and Freddie Mac.”
- Michael Kazin: “…to believe that Obama has truly revived the great tradition of egalitarian reform is to neglect the distinction between two species of modern liberalism: that which promotes the equality of rights and that which works toward a greater equality of opportunity and wealth.”
- The Antiplanner: Why High-Speed Trains Are a Ridiculous Fantasy
Tags: art, Community Reinvestment Act, CRA, Fannie Mae, Fantasy, Freddie Mac, Glenn Greenwald, hacks, high-speed trains, investors, Investors Business Daily, liberalism, Michael Kazin, mortgages, opportunity, partisans, penguins, pulp art, Randal O'Toole, reform, risky lending, robots, Scott Stein, Wall Street, war, wealth