FreedomTalks

How much will Countrywide benefit from Sen. Dodd’s FHA bailout?  The Journal does the math:
If borrowers and lenders take full advantage of this new federal program, and Countrywide loans go south at roughly the same rate as those from other lenders, this suggests a potential taxpayer bailout of more than $25 billion for Countrywide-originated loans.
So [...]

TownHall.com reporter Amanda Carpenter calls for a Senate ethics investigation of the Dodd/Countrywide Scandal.

So, this is fairly silly, but it’s a lot of fun.  And hey, it’s right, too!

Senator Chris Dodd is one of the driving forces behind the $300 billion FHA-mortgage-refinancing bill currently making its way through the Senate (for more, see David C. John’s analysis).  The bill’s being sold as aid to struggling homeowners, but it’s also a huge boon to lenders holding a lot of risky debt.  That’s because it [...]

Daniel Henninger nails the energy issue and the silly games that surround it.

Our delightfully lively comment section points us toward this Jesse Taylor post at Pandagon responding to an editorial in the Wall Street Journal:
Most of my objection to oil exploration doesn’t come from the environmental effects of the drilling itself (although that’s still a rather large part of it), but rather the frank admission of those [...]

Every year, it’s the same old story: Summertime rolls around, the weather gets hot, people start driving, gas prices go up, and Congress starts expressing Grave and Serious Concern about price gouging and oil company profits.  Of course, even in the wake of Hurricane Katrina, an FTC investigation produced no evidence of any gouging. Yet [...]

The net neutrality debate has been rife with scare-mongering from the start, but the latest suggestion from the ACLU — that net neutrality is a necessary component of free speech — continues to annoy me:
Speakers at an American Civil Liberties Union conference today praised legislation that would ban discrimination of Internet content by broadband companies, [...]

The Lieberman-Warner global warming debated in the Senate last week went nowhere: Democratic leadership will yank it from the floor.  Why? Well, it seems as if a giant increase on gas prices — up to $0.50 a gallon — was kind of a tough sell when much of the country is reeling from $4 a [...]