Free Republic

It really is amazing how predictable an inevitable disaster is to see. The housing bubble created by Congress, the spike in fuel prices created by Congress (now going for a second go round), massive deficit spending again by Congress and the effect yet to be experienced by printing money, i.e. inflation. The failure of the auto company bailouts is now unfolding, they were supposed to prevent bankruptcy and didn’t and now the inevitable tossing of good money after bad in the vain attempt to save the unions, I mean the car companies. In the examples I listed above, Congress through...

Emma "Matty" Yturralde was the exact opposite of a bank's dream borrower: A newly divorced single mom with a $13-an-hour job. Her finances were so tight, she had a tenant sleeping in her living room. She had a car, but it was in the shop almost as often as it was on the road. The bus ride to her job at Kmart took an hour and a half. Too proud to ask for a ride home, Yturralde, now 49, said she would sometimes wait outside the store to see if a co-worker offered one. Her life changed in 2003 with...