Author: HughS

House Financial Services Committee Chairman Barney "I'm the boss of you" Frank (D-MA) worked himself into a serious snit yesterday when he demanded that Northern Trust (President Obama's bank …

The White House is already breathlessly spinning the president's speech tonight as being Reaganesque, as if declaring these (as yet unspoken) words will rally the American people. Sayeth the …

The rapid decline in US housing prices since 2007 has made for some persistently depressing reading lately for those inclined to even want to read the news. Bank failures, …

The Wall Street Journal is reporting that Citigroup and the Treasury are in negotiations to sell up to 40% of the bank to the federal government. This would be...

Having previously supported TARP 1.0, the first round of financial bailouts that poured $350 billion dollars into an emergency backstop for the nation's private banking system, I've changed my …

The incredibly thin skinned Obama administration once again showed their hypersensitivity to any criticism yesterday when White House Press Secretary Robert Gibbs took umbrage at the fun CNBC's Rick …

Democrat Congressman John Murtha is reported to have used a well known Washington defense industry lobbyist to corral over one hundred legislators in an earmarking frenzy that has even …

House Speaker Nancy Pelosi made some big promises when the Democrats took over Congress after the 2006 mid term elections. Among them was this whopper: "This leadership team will …

Last week the banks were in Washington discussing their use of TARP bailout funds. Today the automakers are back asking for more bailout money as they threaten bankruptcy (a …

Republican Party Whip Eric Cantor is using a combination of Aerosmith, Newt Gingrich and Churchill to celebrate GOP unanimity against the Democrat's spending bill that President Obama will sign …