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Mean Street: Taxpayers Should Thank Paulson for Fannie/Freddie Bailout

Today, in the largest nationalization in U.S. history, the U.S. Treasury took control of Fannie Mae and Freddie Mac. You would be hard pressed to find the word “nationalization” in any of the news releases, but that is basically what the government

Prakash takes fight beyond UPA govt

New Delhi, Sept. 7: The CPM today said scrapping the nuclear deal would be a condition for supporting a government in the future, taking the battle beyond the Manmohan Singh regime. CPM general secretary Prakash Karat at a news conference in

US Government takes over mortgage giants

WASHINGTON (AP) -- The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy. Treasury Secretary

Poll: Americans Trust Republicans More Than Democrats On National Security Again

Back in 2006, when American angst over the war in Iraq was at its peak and resurgent Democrats took control of Congress, one of the leading indicators of America’s lost trust in Republicans was the fact that polls showed the public trusting Democrats

Australia to keep India uranium sale ban - report

CANBERRA, Sept 8 (Reuters) - Australia will not reverse its ban on the sale of uranium to India and other countries that have not signed the Nuclear Non-Proliferation Treaty, Trade Minister Simon Crean was reported as saying on Monday. Australia's

Palin energizes Republican convention

ST. PAUL, Minn. -- John McCain hoped his convention would make him the kind of maverick his party would rally around. All it took was a couple of hurricanes: first Gustav, then Sarah. McCain brought the GOP convention to a close Thursday night with a

Where do you get news about Sarah Palin?

When I heard that some obscure woman from Alaska had been selected as the Republican Party's vice-presidential nominee, my first reaction was not to check the cable news channels, or even the internet news sites. No, my first reaction was to go

US government seizes control of Fannie, Freddie - Summary

Washington - The US government seized control of Fannie Mae and Freddie Mac Sunday, seeking to deflect the rising threat of mortgage defaults to the two companies that manage about half of the US home loan market. US President

Ailing Kennedy aims at January return to Senate

Sen. Edward Kennedy, who has brain cancer, will not be on Capitol Hill this week when Congress returns from its summer break. ...

Son of GOP VP candidate also bound for Iraq

WASHINGTON — The long and divisive war in Iraq is about to resonate with presidential candidates in a way not seen so far in the campaign: The sons of both vice presidential nominees are assigned to go there soon. Alaska Gov. Sarah Palin’s eldest son,

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