Which Senators Are America’s Hobo Kings?
Friday, June 20th, 2008
With all this talk about Chris Dodd and Kent Conrad getting SWEETHEART MORTGAGE DEALS giving them literally fractions of a percentage point off their mortgage interest and fees, it’s instructive to find out how many of America’s senators even have mortgages. A shocking number do not, which means they are either living in cardboard boxes like 99% of their bankrupted constituents, or they paid off their houses in 1957, back when John McCain was running for his first term. Find out what Politico’s intrepid researchers dug up, after the jump. MORE »
With all this talk about Chris Dodd and Kent Conrad getting SWEETHEART MORTGAGE DEALS giving them literally fractions of a percentage point off their mortgage interest and fees, it’s instructive to find out how many of America’s senators even have mortgages. A shocking number do not, which means they are either living in cardboard boxes like 99% of their bankrupted constituents, or they paid off their houses in 1957, back when John McCain was running for his first term. Find out what Politico’s intrepid researchers dug up, after the jump. MORE »
Hillary Clinton is afraid that Americans are going to start prancing around in knee socks and filming radioactive giant lizard-based horror films, now that we are sinking into a “Japanese-style malaise.” But these terrible tragedies can be avoided if we resort to crazy nanny state policies like having the Federal Housing Administration purchase underwater mortgages. 
The Federal Reserve cut the federal funds rate — “the” rate — by half of a percentage point today to 3%, a week after they freaked out and cut it by three-quarters of a point. Ben Bernanke and his minions indicated there may be more rate cuts on the way, too. Hooray! Eventually they can get that bitch down to 1%, then we can all buy mansions with $5 down payments and deal with the damn adjustable interest later. Because we’re all getting mansions! [
While not quite as disastrous as Bill Kristol’s 
Could someone help us out here? Someone gave Rick Santorum a mortgage. We got that far. And Rick Santorum is poor, right? That’s the deal? So he wasn’t supposed to get the mortgage? Is this one of those things you have to be rich to understand? It’s like letting Lieberman into your country club, right? Like, in exchange for pro-golfing legislation or tax breaks for polo shirt-manufacturers or something. What we can understand is this: