US Treasury enters the Home Mortgage Business

I am sure you have all read by now that the US Treasury Department has effectively “seized” control of the two US home mortgage market corporations - the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Me) - and placed them under the oversight of the Federal Housing Finance [...]

Consumer gloom suggests Obama victory: survey

NEW YORK (Reuters) - Democratic presidential candidate, Sen. Barack Obama, should benefit from consumers’ dissatisfaction with the weak national economy, according to Reuters/University of Michigan Surveys of Consumers.

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Joe Joe Biden, your life is calling…

But six months after Sen. Joe Biden (D-DE) ended his long-shot presidential campaign, the chairman of the Senate Foreign Relations Committee appears to be in serious competition to be Barack Obama’s running mate. A rather interesting choice - considering Biden got less than 1% of the vote in Iowa, and although a permanent Presidential candidate [...]

The “real” McCain game changer as Vice President - Pick Hillary

In the race for who will be the Vice Presidential nominee for the Republican ticket, pundits and commentarists alike exclaim that Sen. McCain needs a dynamic choice - a “game changer” - that will somehow propel the party back to national prominence and expunge the significant defects of Sen. McCain’s voting record with some of [...]

Barack Obama, “ein Mann aus dem Volke!”

I’m sure by now my readers have seen the speech by Senator Obama on what I’ve comically referred to as “Obama - the World Tour.” Put simply - if you’ve been living under a rock - Sen. Obama went to Germany and delivered quite a nice speech. In response - US media is gushing over [...]