News Articles

NPR and ProPublica released an explosive report Monday that found government-owned mortgage giant Freddie Mac betting against the very homeowners it is supposed to help. According to the news article, the investment division of Freddie Mac (or as Henry calls it, Freddie's "gambling desk") placed billions of dollars of bets against homeowners who were trying to refinance their mortgages at lower rates.

Added on January 31, 2012

Just 15 months after taking a thumping in the 2010 midterm elections, House Democrats have seized on the current anti-Washington fervor and are confident they can win the 25 seats they need to regain control of the House

Added on January 29, 2012

Declaring the American dream under siege, President Barack Obama delivered a populist challenge Tuesday night to shrink the gap between rich and poor, promising to tax the wealthy more and help jobless Americans get work and hang onto their homes. Seeking re-election and needing results, the president invited Republicans to join him but warned, "I intend to fight."

Added on January 25, 2012

The release of former Massachusetts Governor Mitt Romney’s 2010 tax return today may only inflame the controversy over the tax code’s treatment of some of the nation’s richest individuals.

Romney, who made a fortune of as much as $250 million in the private-equity industry, paid an effective tax rate of 13.9

Added on January 24, 2012

Former Alaska Governor Sarah Palin lit into the media for their coverage of Newt Gingrich’s ex-wife’s claims that the former Speaker of the House asked for an “open marriage,” telling Sean Hannity on his radio show, they “overplayed their hand.”

Added on January 24, 2012

There’s nothing productive about name calling. It’s snarky and obnoxious, and does nothing to raise the general level of discourse or understanding. However in this case, it’s totally justified. Republicans are, on a whole, morons. And I’ve got the math to back it up.

Added on January 23, 2012