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Saturday, August 7, 2010

Why is the state involved in marriage at all?

An interesting post and related links at HotAir.

Is Obama about to forgive billions in mortgage principal?

With the government fully in control of Fannie Mae and Freddie Mac, Barack Obama may issue an order to forgive portions of underwater mortgages processed through the GSEs, where negative equity approaches $800 billion overall.

DoJ redirecting damage awards to favored groups (ie ACORN)?

In the past, when the Civil Rights Division filed suit against, say, a bank or a landlord, alleging discrimination in lending or rentals, the cases were often settled by the defendant paying a fine to the U.S. Treasury and agreeing to put aside a sum of money to compensate the alleged discrimination victims. There was then a search for those victims — people who were actually denied a loan or an apartment — who stood to be compensated. After everyone who could be found was paid, there was often money left over. That money was returned to the defendant.

Now, Attorney General Eric Holder and Civil Rights Division chief Thomas Perez have a new plan. Any unspent money will not go back to the defendant but will instead go to a “qualified organization” approved by the Justice Department. And if there is not enough unspent money — that will be determined by the Department — then the defendant might be required to come up with more money to give to the “qualified organization.”

New Chinese anti-carrier missile may be a game-changer

New Chinese anti-carrier missile may be a game-changer

"The emerging Chinese antiship missile capability, and in particular the DF 21D, represents the first post-Cold War capability that is both potentially capable of stopping our naval power projection and deliberately designed for that purpose."

‘I Want Your Money’; New Film Skewers Obamanomics

Coming this fall - Watch the trailer!