Retargeting FHA will be a long process, but that process should begin with allowing the temporary loan limits to drop.  While the reduction in loan limits affects few loans; a reversal will indicate that Congress is not serious about beginning the process of bringing back private sector involvement.  

There are many reasons to fear that the US economy could stall again early next year and to be deeply concerned about the renewed deflation in Japan and the growing tensions within the eurozone, and what these factors might mean for a meaningful global economic recovery.

After five years of wrenching economic recession, one has to wonder what it will take for Greece to cut itself loose from the failed IMF and EU policies that have reduced the country to its present terrible economic pass.

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

Washington Post editorial writer and liberal blogger Jonathan Capehart is puzzled. Why does the "non-issue" of Harvard law professor and Democratic Senate candidate Elizabeth Warren's Native American ancestry "require so much attention?" he asked last week.

When Warren was teaching at Pennsylvania, Texas and...

When an imperious bully like Fidel Castro starts to fear, his instinct is to try to sow fear among his enemies. Today, with his student and benefactor, Venezuelan leader Hugo Chávez, dying of cancer, what the Cuban dictator fears most is that his bankrupt regime in Havana is about to lose billions in critical aid and oil.

Sanctions will not persuade the Assad regime to surrender power, and talk about an embargo on luxury goods is a cruel joke.

For the first time in 20 years, Saudi Arabia has named an ambassador to Iraq. For years the Saudis resisted U.S. entreaties to take this step, and the current relationship between these two most important Arab countries in the Gulf has not been warm, so the timing is curious and...