The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy things would have been a lot messier without it.
The economy is a very sensitive organism.
Our country is now geared to an arms economy bred in an artificially induced psychosis of war hysteria and an incessant propaganda of fear.
It is part of the general pattern of misguided policy that our country is now geared to an arms economy which was bred in an artificially induced psychosis of war hysteria and nurtured upon an incessant propaganda of fear.
The American people know what's necessary to get this economy moving again. It's fiscal discipline in Washington D.C. and across-the-board tax relief for working families small businesses and family farms.
In the richest country in the history of the world this Obama economy has crushed the middle class. Family income has fallen by $4 0 but health insurance premiums are higher food prices are higher utility bills are higher and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.
Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country or intergovernmental organization to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt.
Democrats can neither control nor predict whether our GOP counterparts are really ready to play chicken with the U.S. economy. But we can assure the American people that our party takes the nation's faith and credit seriously.
The carrying out of the Potsdam Agreement has however been obstructed by the failure of the Allied Control Council to take the necessary steps to enable the German economy to function as an economic unit.
We judged that a sudden disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy with lower equity prices further downward pressure on home values and less access to credit for companies and households.