Only days after Freddie Mac sought a $6-billion cash lifeline from the Treasury Department, Fannie Mae is now chasing a $7.8-billion check in federal aid. Attributing its steep $5.1-billion third-quarter deficit to losses on derivatives and the persistent failings of the housing market, the government-controlled firm is furthering its heedless course to fiscal Armageddon — while draining the bank accounts of American taxpayers all along the way.
Apple growers in Washington State — who produce about half of the country's apples, about 15 billion — have a bumper crop this year, among the best in the state's history. Yet many of these apples may never make it to market, because growers cannot find enough workers to pick them.
Last Friday a superior court in New Jersey held that a “marriage equality” suit may proceed. The ruling had the effect of partially denying a motion to dismiss filed by New Jersey Attorney General Paula Dow.
On Tuesday night, GOP presidential hopeful Herman Cain issued a formal response to the sexual harassment allegations levied by Sharon Bialek and his other accusers. During a news conference held in Phoenix, Cain declared the accusations to be “baseless” and in the case of Bialek, motivated by money. Any claims asserted by Bialek, according to Cain, “simply did not happen” because he contends he does not recognize Bialek.
Voters in Ohio defeated a law on Tuesday that would have reined in the collective bargaining privileges of government employees, granting a rare victory to "Big Labor" after a series of set-backs in states across the nation.
Another employee of Dr. Kermit Gosnell’s (picture, left) “House of Horrors” abortion clinic has entered a guilty plea in the murders of babies born alive at the facility. Steven Massof, a 49-year-old medical school graduate who was never issued a license to practice, pleaded guilty to third-degree murder in the deaths of two babies who were killed by having their spinal cords severed with scissors, reported the Associated Press. “Massof testified to a grand jury that he snipped the spines of more than 100 babies after seeing them breathe, move, or show other signs of life,” according to the AP story.
As speculation continues over possibilities of a unilateral attack by Israel on Iran’s nuclear program, the Obama administration is sending a clear signal that it is prepared to work with the victorious factions arising through the Middle East in the aftermath of the Arab Spring — including self-avowed “Islamists.” In the words of Secretary of State Hillary Clinton (left), “what parties call themselves is less important to us than what they actually do.”
Ohio voters overwhelmingly rejected health insurance mandates that represent the cornerstone of “ObamaCare,” with two thirds of the electorate voting in favor of a state constitutional amendment prohibiting mandatory participation in any health-care schemes. The ballot initiative was driven forward by a broad coalition including Tea Party groups, conservative activists, and others.
The Obama Administration, through the testimony of a Department of the Interior official, has expressed its opposition to legislation that would add the prayer offered by President Franklin Delano Roosevelt at the onset of the 1944 D-Day invasion to the World War II Memorial in Washington, D.C.
Rep. Darrell Issa (R.-Calif., left) Chairman of the House Oversight Committee, is pushing for a federal probe of the post-ACORN group New York Communities for Change (NYCC) for engaging "in fraud through its participation in the Occupy Wall Street protests." The proposed investigation stems from a Fox News article published in late October regarding the organization's crooked involvement in the OWS movement, where NYCC officials allegedly coordinated "guerrilla" protest events and hired ACORN-affiliated employees to attend the protests and collect donations in a deceitful manner.
The radical Left in Congress is pressing Secretaries of State across the nation to oppose state changes to election laws that require voters to prove they are who they claim to be and are eligible to cast a ballot.