THE HEADLINES

  RISING INSTABILITY IN AFGHANISTAN COULD SPUR EARLIER U.S. TROOP WITHDRAWS.  (New York Times) ` In a plan strenuously opposed by the Pentagon, the New York Times reports that the Obama administration is considering what can only be described as a mild acceleration of their purported “timetable” to withdraw U.S. forces from Afghanistan. Conflict with the [...]

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Federal Government Moves Towards Mortgage Fraud Settlement With Banks That Still Refuse To Play By The Rules

The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]

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Government Claims Well-Compensated Executives At Fannie and Freddie Committed "Fraud," But Consequences Prove Toothless

Executives at two giants of the US mortgage industry were fingered by the federal government as perpetrators of fraud in one of the few cases ever to come out of the 2008 financial meltdown despite its consequences nearly bringing down the global economy. And in a political twist, President Obama and his potential election challenger [...]

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Wednesday night’s final presidential debate (whew!) set a new standard of excellence in terms of the demeanor of the moderator as well as the debaters. The genial, fair and unobtrusive moderation by Bob Schieffer helped the combatants to get through some troubled waters with an admirable degree of civility. I wish I could say as [...]

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