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  • Fannie and Freddie Helped Spawn the Mortgage Crisis, and So Did Affordable Housing Mandates

    01/10/2012 10:01:40 AM PST · by WOBBLY BOB · 19 replies
    open market ^ | 1-9-12 | Hans Bader
    Former Fannie Mae executive Ed Pinto, who worked at the mortgage giant before it began buying up risky mortgages, has also described Fannie Mae’s key role in buying up and promoting risky sub-prime mortgages, which Fannie Mae did on a large scale, despite having a capital cushion that was tiny compared to private banks, resulting in its later insolvency and massive taxpayer bailout. A recent book about the causes of the crisis by New York Times business reporter Gretchen Morgenson and financial analyst Josh Rosner, “Reckless Endangerment,” chronicles how “it was Fannie Mae and the government housing policies it supported,...
  • JIHAD CELL SUSPECTED OF TARGETING JEWS, POPE [Nazareth]

    07/18/2010 6:22:07 PM PDT · by Cindy · 4 replies · 2+ views
    YNET NEWS.com ^ | Published July 15, 2010, 16:20/Israel News) | by Hagai Einav
    Note: Photos included. SNIPPET: "Shin Bet arrests eight men from northern city of Nazareth, local council of Yafa an-Naseriyye over weapons offences, discussing possibility of murdering soldiers, Pope Benedict XVI" SNIPPET: "The eight indicted men were identified as Bader Salah, 33, of Yafa an-Naseriyye; Suhil Salah, 26, of Yafa an-Naseriyye; Misara Yaad, 28, of Yafa an-Naseriyye; Abdel Rahman Abu Salim, 19, of Nazareth; Ibrahim Muhammad Abu Aaqab, 27, of Nazareth; Bilal Ubeid, 29, of Yafa an-Naseriyye; and Sabri Narni, 29 of Yafa an-Naseriyye. The ninth defendant, who was a minor when he committed the alleged acts. was not named due...
  • Seven dwarfs more famous than US judges: poll

    08/14/2006 3:09:27 PM PDT · by NormsRevenge · 21 replies · 1,447+ views
    Reuters on Yahoo ^ | 8/14/06 | Reuters
    NEW YORK (Reuters) - Three quarters of Americans can correctly identify two of Show White's seven dwarfs while only a quarter can name two Supreme Court Justices, according to a poll on pop culture released on Monday. According to the poll by Zogby International, commissioned by the makers of a new game show on pop culture called "Gold Rush," 57 percent of Americans could identify J.K. Rowling's fictional boy wizard as Harry Potter, while only 50 percent could name the British prime minister, Tony Blair. The pollsters spoke to 1,213 people across the United States. The results had a margin...
  • White House Researching Potential Justices

    05/29/2005 8:24:51 PM PDT · by STARWISE · 18 replies · 709+ views
    AP ^ | 5-29-05 | Deb Riechmann
    WASHINGTON (AP) - The White House has laid the groundwork to place more conservatives on the Supreme Court, scrutinizing the backgrounds and legal views of a shrinking list of candidates amid speculation that ailing Chief Justice William Rehnquist soon will step down. (snip) Court experts expect that Rehnquist, who is battling thyroid cancer, will leave by the end of June when the current court session concludes. (snip) "They have been winnowing the list down for some time now. I imagine they're down to maybe three or five - a handful anyway - who are their first choices," he said. (snip)...
  • Accused terror banker slips out of Australia

    01/31/2004 9:29:15 PM PST · by piasa · 6 replies · 305+ views
    Herald Sun (Australia) ^ | January 30, 2004 | Michael McKenna, Mark Dunn and Ian McPhedran
    AN accused terrorism financier arrested in the US last week had just returned from a trip to Australia where he is believed to have a child. But in a security blunder, the arrest took Australia's intelligence agencies, who were unaware the man was in Australia, by complete surprise. Omar Abdi Mohamed, 41, is being investigated after allegedly receiving $454,866 from a group accused by US authorities of direct links to al-Qaida. But Australian authorities were not told of any terrorist concerns surrounding Mr Mohamed before his most recent trip to Australia, which ended only last month. "Obviously this person would...
  • U.S. European Supreme Court

    08/12/2003 3:53:47 PM PDT · by political_chick · 5 replies · 204+ views
    USA News and Views ^ | 08/12/03 | Paul Walfield
    By now most everyone is aware of the Left’s desire to have their views on just about everything be referred to as “progressive.” They even call themselves, “progressive.” What is interesting is not just why, as that is obvious; after all, if their ideas are progressive, everyone else’s opposing ideas must be….