Free Republic

Even Joe Klein is seeing the handwriting on the wall: ObamaCare is in big trouble! Klein is blaming it on incompetence but I have a couple of words for Joe and other startled liberals who can't believe what they are watching. ObamaCare is in trouble because it violated a couple of rules that a nice counselor taught me at a high school Junior Achievement class in Wisconsin. First, don't bite more than you can chew. In other words, who in their right mind thought that bureaucrats could take over 1/6 of the US economy competently? How arrogant are these people?...

Subprime Scandal: Turns out the true cost of bailing out Fannie Mae and Freddie Mac is double what the White House claims. Yet reforming the failed mortgage giants remains in limbo. In a new report delivered to the House Budget Committee, the Congressional Budget Office puts the bailout figure at $317 billion — not the $130 billion claimed by the Obama administration, which has vowed to "reform" Fannie and Freddie. And CBO says costs to taxpayers will continue to rise as the housing market weakens. Why low-ball the bleeding from these quasi-governmental agencies? Because the White House doesn't really want...

The current recovery's slowness is often noted, but not explained. Despite economic growth's resumption it lags earlier recoveries — most notably in employment. Hard-core liberals complain still more government intervention is needed. However, historical comparison shows government's size and its response have never been greater, albeit to less effect. The recession's mantra has been too big to fail; in the case of the government's size and role in the recovery, perhaps it should be too big to succeed. The recent recession is the worst since the Great Depression, yet the differences in the government responses — and the economic recoveries...