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Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

by Dan Mitchell | Mar 5, 2019 | Big Government, Blogs, Economics

What’s the worst thing the government does? That’s a difficult question to answer. I’ve argued that giving U.S. tax dollars to the OECD is the worst item in the budget, on a per-dollar-spent basis. And I’ve expressed scathing disdain for the horrid practice of civil...

Shut Down Fannie Mae and Freddie Mac and Unleash the Free Market

by Dan Mitchell | Dec 18, 2016 | Blogs, Economics

Remember the financial crisis and market meltdown from late last decade? That wasn’t a fun time, and we’re still dealing with some of the fallout. Let’s specifically look at Fannie Mae and Freddie Mac, the two privately owned but government-created housing finance...
The Three Best and Three Worst Policy Developments of 2014

The Three Best and Three Worst Policy Developments of 2014

by Dan Mitchell | Dec 31, 2014 | Big Government, Blogs, Economics, Government Spending, Health Care, Tax Competition, Taxation

Exactly one year ago, we looked at the best and worst policy developments of 2013. Now it’s time for a look back at 2014 to see what’s worth celebrating and what are reasons for despair. Here’s the good news for 2014. 1. Gridlock – I’ve been arguing for nearly...
The Obama Administration Wants Another Housing Bubble

The Obama Administration Wants Another Housing Bubble

by Dan Mitchell | Nov 3, 2014 | Big Government, Blogs

More than 100 years ago, George Santayana famously warned that, “Those who cannot remember the past are condemned to repeat it.” At the time, he may have been gazing in a crystal ball and looking at what the Obama Administration is doing today. That’s because the...

Apparently Learning Nothing from the Fannie Mae-Freddie Mac Disaster, the Obama Administration Wants to Subsidize Banks to Make More Dodgy Loans

by Dan Mitchell | Apr 3, 2013 | Big Government, Blogs

Let’s assume you didn’t understand how a garbage disposal worked and, for whatever reason, you decided to stick your arm in one and turn it on. You would do some serious injury to your hand. The rest of us would wonder what motivated you to stick your arm down the...
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