The Obama administration knew about the foreclosure irregularities?
it appears that the Obama administration chose to tolerate the irregularities that now threaten the housing market and the financial industry because it preferred that banks use their limited resources to focus on giving breaks to folks who couldn’t pay their mortgages, rather than on handling foreclosures properly.
I don’t know whether the irregularities in question justify an extended moratorium on foreclosures. But if they do — or even if they don’t, and we still end up with such a moratorium — then it looks like the Obama administration will bear considerable blame for the consequences.
This is the same economically ignorant mentality that was displayed yesterday on Fox News Sunday by Debbie Wasserman-Schultz, when she said that the highest priority was to “keep people in their homes.”
So the government creates the crisis by encouraging people to buy homes they couldn’t afford, and now it’s perpetuating it by insisting on keeping them in them, instead of allowing the market to finally clear. The country’s in the very best of hands.
Advice for network news: Tell the truth.
It could work, I suppose. They’ve tried everything else.
..by radical Islam.
I’m not sure that “seduced” is quite the right word. I agree with Instapundit:
Bending over for tyrants is a major aspect of today’s academic culture, even as the benders-over proclaim their own courage and independence, and demonstrate those by attacking those whom they need not fear, while fearing those whom they do not criticize.
44-6 over the Rams. Just shows what can happen when your team is healthy.
[Update a couple minutes later]
I see that Michigan dropped out of the rankings. I’m less surprised by that than that they were ranked in the first place. It never made sense to me to rank a team with one of the worst defenses in the country, no matter how good their quarterback is.
Remembered. It’s a shame that it was only forty-three years ago that he met his well-deserved fate — it should have happened sooner. And it’s appalling that it’s still socially acceptable to wear clothing with his image. It’s a fundamental symptom of the failure of our educational system and academia.
A discussion over at Slashdot. As a commenter notes, it’s not very smart politics to go against the wishes of the incoming chairman of the appropriations subcommittee. I’d really like to know what the White House thinks. I think that it’s time for Charlie Bolden to go, though, as I’ve said, it will be tough to replace him, particularly in the current heated political environment.
SpaceShipTwo had it first free flight today. Obviously these tests are on the critical path to first flight, but so is the engine, and we still haven’t heard much news about that lately.
[Update a while later]
Clark Lindsey has the press release.
Why Hal Lewis resigned from the American Physical Society.
Was it always this politicized?
It’s always about him:
At one point, he warned his crowd of supporters to get out to vote in order to prevent his own embarrassment in November: “Don’t make me look bad, now.” Since he is not up for reelection, apparently the president means that the slaughter of perhaps 50 Democratic congressional representatives and 8-10 senators will reflect poorly upon himself. Of course it will, but he might have instead phrased his dilemma in terms of worry about his supporters’ fates rather than his own, inasmuch as most all voted for his agenda, despite the fact that almost all elements of it polled poorly with the American people. After November, many will be out of a job, not he — and yet his concern seems to be the public perception of his own godhead, not their unemployment.
Have we ever had a president so self absorbed? Since Bill Clinton, that is?
If you can’t defend against scoring, you have to score whenever you get your hands on the ball, and Robinson is having an off day, with two picks in the end zone. Not looking good in the third quarter, down 30-10.
[Update after the game]
Well, actually, while they had a typically bad day, the defense did get several stops against the Spartans, and they played well enough to win if the offense had scored as much as they have been. Michigan State was just a better team on both sides of the ball today.