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“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren…America has a debt problem and a failure of leadership.”
…said Barack Obama while blasting Bush in a 2006 floor speech when Bush requested to raise the debt ceiling. Now Obama will have done it twice in his first year. [...]
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“The housing bubble that burst in 2007 and led to a financial crisis can be traced back to federal government intervention in the U.S. housing market intended to help provide homeownership opportunities for more Americans.”
This is the opening line from a 26 page minority report from the House Committee on Oversight and Reform. Over the [...]
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