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Years ago I wrote an article about us going over to Iraq, that it would be one of the worst decisions we ever made. Now instead of coming home and protecting our borders, they want to spend three more years over there? ...more
November 30, 2008
Wall Street barreled higher Monday for the second straight session, this time in a relief rally over the government's plan to bail out Citigroup - a move it hopes will help quiet some of the uncertainty hounding the financial sector and the overall economy. The Dow Jones industrials soared nearly 400 points and the major indexes all jumped more than 4.5 percent. ...more
November 25, 2008
Americans' character is our greatest resource. ...more
November 13, 2008
I wonder how many readers remember how and why the United States became involved in the costly Iraq disaster? We entered that war because of what some have called the "big lie," fabricated by Colin Powell, the retired army general turned secretary of state. ...more
October 27, 2008
WASHINGTON - President Bush and congressional backers of a $700 billion financial industry bailout carried out high-intensity lobbying Thursday, on the eve of a crucial House vote that Bush said "a lot of people are watching." ...more
October 2, 2008
Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. The biggest U.S. bailout in history won the tentative support of both presidential candidates and goes to the House for a vote Monday. ...more
September 28, 2008
Nomura Holdings Inc., Japan's largest brokerage, said Monday it has reached a deal to buy the Asian operations of bankrupt U.S. investment bank Lehman Brothers Holdings Inc. The deal includes Lehman's businesses in Japan and Australia. ...more
September 23, 2008
Freddie Mac and Fannie Mae are splitting my skull wide open. ...more
September 19, 2008
Construction of new homes and apartments fell to the lowest level in 17 years last month, showing the country is still gripped by a severe housing downturn that has triggered billions of dollars of losses and is reshaping the structure of U.S. finance. ...more
September 18, 2008
Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, that the government was preparing to seize the two companies and place them in a conservatorship, officials and company executives briefed on the discussions said. ...more
September 6, 2008
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