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In the latest Financial Services Outlook, American Enterprise Institute (AEI) housing experts Peter Wallison and Edward Pinto explain how decades of government intervention have gravely harmed America's housing market.
Syria has always been among the Middle East's most repressive dictatorships, in addition to serving as the home to terrorists that have killed American soldiers and non-combatants in Iraq, Lebanon, Israel, the West Bank and more. Now, Syria is under fire from within; since March 2011, thousands of innocent Syrians have been killed in ruthless assaults by the Assad regime. While government forces continue to bombard major cities with appalling brutality, US strategic interests argue for intervention in this pivotal Arab country.
The general economic "health" of the U.S. manufacturing sector has re-emerged in a Presidential election year. In his 2012 State of the Union address, President Obama announced to Americans "that we have a huge opportunity, at this moment to bring manufacturing back," promising manufacturers special tax reductions and other federal...
The administration has been so reactive, so profligate in its use of adjectives and reticent in its use of actual power, it is really—I would use the word 'disappointing,' except it's nothing but what I expect. But it has got to be crushingly disappointing to the people of Syria.
Sir, Paul de Grauwe’s suggestion that stepped-up direct intervention by the European Central Bank in the European government bond markets would offer a solution to the Eurozone debt crisis rests on two dangerous misperception.
The past two weeks of turmoil and drama in Sino-American affairs may well be the new normal, not an exception to an otherwise placid bilateral relationship. While Friday brought news of a possible deal allowing dissident Chen Guangcheng to leave China to study in America, that deal is no more certain than the earlier, failed deal, announced just days before
In a new book entitled “Financing Failure: A Century of Bailouts,” Vern McKinley provides the most detailed account yet of the government’s decision-making process during these momentous events.
The federal government has taken over large swaths of consumer lending, most notably the $10 trillion home mortgage and $1 trillion student lending markets. The government's share of new loans for each now approaches 100%.Government monopolies in financial services pose risks to taxpayers as well as borrowers







