Free Republic

An alleged "worst case scenario" shows the FHA could lose as much as $115 Billion. Since these worst case scenarios are always famously optimistic, the best course of action would be to shut the agency down. I was quoted as saying just that by the Heartland in Congressional Report Raises Spectre of FHA Bailout. The Federal Housing Administration's (FHA) losses over the next 30 years could be much higher than originally projected, according to the findings of a congressional committee. The dismal forecast has some bracing for another taxpayer-financed bailout. The House Oversight and Government Reform Committee, chaired by Rep....

What did Congress know? This week, we've been bombarded with old "news" about who knew what regarding terrorist threats. Most of the "late breaking" reports have been circulating since 9-11, but they have beed dredged up as "new" news. Who knew what and when did they know it? Looking back over Congressional (Senate and House) Intelligence reports for the year 2000, one finds that terrorism, Afghanistan, Taliban, and Bin Ladin didn't just suddenly appear in September, 2001. They have been discussed in Congressional Hearings and some of those discussions (year 2000) included warnings. The two lists of quotes are taken...

What did Congress know? This week, we've been bombarded with old "news" about who knew what regarding terrorist threats. Most of the "late breaking" reports have been circulating since 9-11, but they have beed dredged up as "new" news. Who knew what and when did they know it? Looking back over Congressional (Senate and House) Intelligence reports for the year 2000, one finds that terrorism, Afghanistan, Taliban, and Bin Ladin didn't just suddenly appear in September, 2001. They have been discussed in Congressional Hearings and some of those discussions (year 2000) included warnings. The two lists of quotes are taken...