It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.

Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.

As policymakers continue their efforts to reduce the government’s role in the currently nationalized housing market, the broadly available and deep subsidies provided to the five divisions of the Government Mortgage Complex continue to distort the marketplace and thwart these efforts.

Though its capital position improved slightly over last month, the FHA is still firmly in the red, with a current net worth of –$13.45 billion. Particularly alarming is the growth of the Ginnie/USDA division, which has a higher default rate than the FHA.

On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return." 

Japan's accounting system must fairly reflect values, nonperforming loans must be sold at auction,foreign bidders must be welcomed,and government must recapitalize the banks.

Twenty-five top college students will travel to the American Enterprise Institute (AEI) in Washington, D.C. this June to participate in the 2012 American Enterprise Summer Institute. 

The Financial Crisis Inquiry Commission issued its majority report in January 2011, stating that the 2007-2010 crisis was "avoidable" and caused by widespread failures in financial regulation. Commission member Peter Wallison disagreed.