January 14, 2010
By Rick Newman
Posted: January 13, 2010
In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 billion so [...]
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January 5, 2010
Yemen is a hotbed of terrorist activity and where are we releasing prisoners from Gitmo to? That’s right–Yemen. What was the destination of the plane with terrorist suspect Umar Farouk Abdulmutallab on board? East Coast, West Coast? No, Detroit Michigan in the Midwest. Where is the new facility planned to be built to hold the [...]
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6 to 1
February 10, 2010Is this the odds in Vegas on a sports event? No. Unfortunately, it’s the ratio of applicants for every job opening in the U.S. Could this have been avoided? Who knows given the mess that Wall Street, the Federal Reserve, and a benign government got us into. One thing for sure is that it could’ve [...]