by Hans Bader
November 16, 2009 @ 3:32 pm
Federal affordable-housing mandates were a major factor in the mortgage crisis, fueling the housing bubble and the subsequent collapse of the housing and financial markets, which helped bring down the economy. Even the liberal Village Voice has admitted that. Who drafted those awful mandates? ACORN, reports the Washington Examiner, in “How ACORN Destroyed the Housing Market.”
How did ACORN cause the “housing bubble” and “financial collapse”? ACORN lobbyists drafted “affordable-housing” mandates to pressure the mortgage giants to buy up more risky loans and mortgages…
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by Hans Bader
October 29, 2009 @ 3:16 pm
The Obama administration and congressional allies like Senator John Kerry (D-Mass.) are seeking to silence government lawyers who point out their mistakes and misinterpretations of the law:
“A month ago, the Law Library of Congress reviewed the removal of Manuel Zelaya from his post as President of Honduras, an act that the Obama administration called a ‘coup’ and demanded reversed for its illegality. To the embarrassment of the White House and State Department, the Congressional body determined that Honduras acted lawfully in removing…
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by Hans Bader
June 14, 2009 @ 4:23 pm
Rapidly-rising Medicare spending already threatens “to crush the federal budget,” and much Medicare spending is wasteful, yet the Obama Administration claims it can somehow save money by creating Medicare-like programs to cover all Americans. In the New York Times, economics professor Tyler Cowan calls it “the new voodoo economics.” Washington Post columnist Robert Samuelson concludes that Obama’s health-care plan “is naive, hypocritical or simply dishonest. Probably all three.”
Obama is firing an inspector general who exposed wrongdoing by one of his supporters, and previously…
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by Hans Bader
June 12, 2009 @ 11:27 pm
Obama is firing an inspector general, Gerald Walpin, who uncovered wrongdoing by a prominent Obama supporter and opposed letting him off the hook.
Ironically, when Obama recently nominated a liberal judge to the Supreme Court, his Administration trumpeted Walpin’s support for her.
Walpin is the Inspector General for the Americorps program, which is riddled with waste, fraud, and ideological misuse of taxpayer funds. Walpin “has been doing a good job” and he has “identified millions of dollars in AmeriCorps funds that were wasted or misspent,” notes Senator…
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