Free Republic

**SNIP** Homeowners Irrationally Choosing to Be Deadbeats: "And so when I read people saying, now, this wouldn't be a big deal; we should test it out; let's take default out for a spin and see how it rides -- and I -- I -- I say, imagine, in your private life, if you decided that I'm not going to pay my mortgage for a month or two. First of all, you're not paying money by not paying your mortgage. You're just a deadbeat. And you can anticipate that will hurt your credit, which means that in addition to the debt...

President confronted by the Mayor of London, Boris Johnson, over America’s failure to pay the congestion charge. Amid all the glad-handing and rictus grins that greeted Barack Obama everywhere he turned during his whistlestop visit to the British Isles, Boris Johnson will undoubtedly have made a particular impression upon him. At the end of the state banquet in the president’s honour at Buckingham Palace, the Mayor of London took the opportunity to have a quick word. “Could you please write me out a cheque for £5 million?” Johnson asked him. The request for the president to settle the congestion charge bill...