As financial storm signals appeared the last 18 months, there were Bush officials who urged drastic reform of Fannie Mae and Freddie Mac. But, according to internal government sources, Treasury Secretary Henry Paulson objected because it would look "too political." The Republican administration kept hands off the government-backed mortgage companies that are closely tied to the Democratic establishment. ...more

July 21, 2008

It's time to put an end to the charade that no one ever believed. ...more

July 19, 2008

We knew it could happen, even though they said it wouldn't. The government is using our money again to haul private companies' hindquarters out of the fire - this time it's troubled mortgage giants Fannie Mae and Freddie Mac. ...more

July 16, 2008

TAMPA - A federal judge has dismissed a lawsuit by a Palm Harbor scholar who is suing the U.S. Treasury secretary for neglecting to circulate coins with the images of the 10 men he says were presidents before George Washington. ...more

July 15, 2008

What are Fannie Mae and Freddie Mac? Fannie Mae and Freddie Mac are the largest purchasers and insurers of mortgages in the country. ...more

July 12, 2008

Lehman Bros. Holdings Inc. shares slid Thursday as continued credit fears shook Wall Street, and government officials again reiterated that no bank is too big to fail. ...more

July 11, 2008

Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. ...more

July 11, 2008

Bank of America Corp., Countrywide Financial Corp. and other leading U.S. lenders adopted rules aimed at speeding the pace of mortgage modifications amid criticism that they haven't done enough to stem foreclosures. ...more

June 18, 2008

After last week's plunge, the dollar climbed against the euro in late New York trading as several government officials and President Bush voiced their support for a strong U.S. currency. ...more

June 10, 2008

President Bush, acknowledging the economic "tough times" for many Americans, said Monday that he remains opposed to any homeowner rescue legislation that would be a bailout for lenders. ...more

May 20, 2008