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American Enterprise Institute (AEI) housing expert Edward Pinto assess the key facts to explain the Federal Housing Administration’s (FHA) deteriorating situation.
Judging by the financial market's renewed unease about Italy and Spain over the past week it would seem that all that the European Central Bank's €1 trillion liquidity injection in the European banking system bought was around four months of relative market calm.
Obama's irresolution and inaction could well make a nuclear Iran his most lasting legacy.
Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.
Portugal could avoid Greece's horrible fate if it were to draw the right lessons from the Greek experience.
In "Coming Apart," Charles Murray explores the formation of American classes that are different in kind from anything we have ever known, focusing on whites as a way of driving home the fact that the trends he describes do not break along lines of race or ethnicity.
The world is still far from safe. Not only have democratic hopes faltered, but long-time foundations of regional stability are crumbling, to our detriment and that of our friends.







