FHFA Sues Banks to Recover Housing Bond Losses: Less Than Meets the Eye?
News reports say that the Federal Housing Finance Agency (FHFA) will sue about 12 major banks in order to recover some of the losses that Fannie Mae and Freddie Mac sustained on mortgage-backed securities the banks issued. The suits will seek to make the banks repay a share of about $30 billion in losses from […]
Erasing Jews from Jerusalem
Our friends at the invaluable Palestinian Media Watch (PMW-Palwatch.org) have been diligently following the latest in the Palestinian policy of historical revisionism: erasing Jewish connection to the Temple Mount — ginning up energy for the big day at the U.N. To take but two examples of the “spurious” Jewish attachment to their “alleged” Temple, try […]
FBI, Homeland Security Warn of Small Airplane Islamic Terror Threats
WASHINGTON — The FBI and Homeland Security have issued a nationwide warning about al-Qaida threats to small airplanes, just days before the anniversary of the 2001 terrorist attacks. There is no specific or credible Islamic terrorist threat for the 10-year anniversary of the attacks on the World Trade Center and the Pentagon, authorities said. But […]
The Walls That Divide Europe
(Herbert London) Walls can be used to keep people in and keep people out, as was true of he Berlin Wall erected in 1961 and today of the walls being erected throughout Europe. These contemporary walls operate under the name of “no go” zones, areas that are off limits to non-Muslims. These zones function as […]
Chart of the Week: Your Share of the National Debt Is Growing Rapidly
The newly formed Joint Select Committee on Deficit Reduction holds its first meeting this week. The 12-member panel will gather at 10:30 a.m. Thursday for an organizational session, then meet again on Sept. 13 at 10:30 a.m. for a hearing on “The History and Drivers of Our Nation’s Debt and Its Threats.” The committee is […]
5 Unexpected Places You Can Be Tracked With Facial Recognition Technology
Earlier this summer Facebook rolled out facial recognition software that identifies users even when they appear in untagged photos. Like every other time the social networking site has introduced a creepy, invasive new feature, they made it the default setting without telling anyone. Once people realized that Facebook was basically harvesting biometric data, the usual […]
CEO’s Say they Envy Tax Codes in Europe and China over USA
(Businessweek)U.S. executives hoping to convince Congress to rewrite the nation’s complicated tax code have been regaling lawmakers with tales from other lands. In congressional hearings and speeches, they’ve argued that the U.S. is out of step with the rest of the world when it comes to corporate taxes. In an August speech at Dartmouth College, […]
Setting the Record Straight on Federal Disaster Funding
Liberals have spent the past two weeks asking Congress to write a blank check for federal disaster funding. They’ve concentrated their attacks on House Majority Leader Eric Cantor (R-VA) for seeking offsets in other areas of the budget to cover the additional aid. They’ve portrayed Cantor as a callous conservative, suggesting that his stance is […]
Scribecast: Meet the Montana Mother Who Hunted Terrorists After 9/11
Shannen Rossmiller doesn’t look like your typical Islamic terrorist. But somehow the blonde mother of three from Montana figured out a way to fit in, posing a terrorist in jihadist chat rooms to help law enforcement hunt enemies of America. Ten years after 9/11 inspired her to study Islamic culture and teach herself Arabic, Rossmiller […]
No Blank Checks for FEMA
Heritage’s Jim Carafano appeared on CBS’s “Early Show” to discuss the Federal Emergency Management Agency’s (FEMA) wanting a blank check. FEMA says it has too little money in the Disaster Relief Fund (DRF) due to its federalizing a record number of natural disasters this year. (Watch the video here.) As Carafano notes, FEMA needs to […]
Learn More About 9/11 and Its Aftermath
September 11, 2001: the single worst terrorist attack any country has suffered in modern times. Few Americans will ever forget where they were when they got word that a plane had flown into the World Trade Center. In an instant, our nation was changed forever. Over the next week and a half, we invite you […]
