Digging Fannie Mae a Much Deeper Hole

While banks are returning TARP money, some having taken it under duress, Fannie Mae continues to lose money and receive more bailout. In return for such dismal performance executives are getting pay raises and bonuses. It is a growing contention that Fannie played a...

The New Ruling Class

Recent postings on the growing spread between private sector and government sector employment elicited some protest, many who claimed that most government workers could make more in the private sector. This is true for some. Many of the people who work in top...