Monday, November 07, 2011

The Politics Of The Heavenly And Unheavenly | National Memo | Breaking News, Smart Politics

Religion in the government sector has long been a large concern for me. E. J. Dionne touches on the general points of this issue in the context of the upcoming 2012 presidential election. He gives an historical backdrop to the resistance to Romney and Huntsman for their Mormon beliefs, pointing to past ugliness over Catholic candidates. And he gives broader perspective on how religion can and should interface with how a candidate would govern and how we should judge those candidates without resorting to religious bigotry.

The Politics Of The Heavenly And Unheavenly | National Memo | Breaking News, Smart Politics

Wednesday, November 02, 2011

Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy

This link to a story on McClatchy reveals the rat-a-tat repetitions by the political right about Fannie Mae and Freddie Mac as so much hot air. The housing crisis was not fueled by the misconduct or practices of Fannie and Freddie, according to data from the Federal Reserve Board; over 84 percent of the loans in 2006 were from private sector lenders, who made 83 percent of the subprime loans to middle- and low-income borrowers that year.

Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy